sam Enter your search term Nate's Hot Dogs exchanges long-term assets with Lizzys Lemonade. Nate receives a delivery truck and gives up a plece of machinery The fair value and book value of the machinery were $28,000 and $16,000 (original cost of $30,000 less accumulated depreciation of $14,000), respectively. Since the delivery truck was worth $31,000, Nate paid an additional $3,000 in cash to Lizzy Record the exchange for Nate's Hot Dogs. (it no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) 635 View transaction tist Journal entry worksheet > Record the exchange for Nate's Hot Dogs. Nonto del tore credits General Journal Dett Credit Transaction 1 Record entry Clear entry View general Journal