sters 7 and 8 hed Nate's Hot Dogs exchanges long term assets with Lizzy's Lemonade. Nate receives a delivery truck and gives up a piece of machinery The fair value and book value of the machinery were $26,000 and $17.000 (original cost of $31000 less accumulated depreciation of $14.000), respectively. Since the delivery truck was worth $30,000, Nate paid an additional $4,000 in cash to Luzzy Record the exchange for Nate's Hot Dogs (if no entry is required for a particular transaction/event, select "No Journal Entry . Required in the first account field.) View transactions Journal entry worksheet Record the exchange for Nata's Hot Dogs De Crede Time 1 Record Car View