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retten Progress Skysong Company exchanged equipment used in its curing ortions in cash for ma i nted in the operation of Concord Company. The owing

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retten Progress Skysong Company exchanged equipment used in its curing ortions in cash for ma i nted in the operation of Concord Company. The owing to pertanto the Skysong Concord Equent cost S40 RSD Accumulated depreciation SOBO 27.740 14600 22.630 Fair value of equipment Cashen up You wer is party.com Prepare the journal entries to record the exchange on the books of both comanies. Asume the Account Titles and Explanation Com Event Accedere coment Sonce Company

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