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Teal AsA traded a used truck (cost 22,000, accumulated depreciation 19,800 ) for a small computer worth 3,690. Teal also paid E550 in the transaction.

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Teal AsA traded a used truck (cost 22,000, accumulated depreciation 19,800 ) for a small computer worth 3,690. Teal also paid E550 in the transaction. Prepare the journal entry to record the exchange. (The exchange has commercial substance.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)

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