Testbank Problem 146 Beeman Company exchanged machinery with an appraised value of $3,546,000, a recorded cost of $5,422,000 and accumu machinery has an appraised value of $3,324,000, a recorded cost of $6,360,000, and accumulated depreciation of $3,498,0 updated. Prepare the entries on both companies' books assuming that the exchange had commercial substance. (Credit account titl Beeman Account Titles and Explanation Debit Credit Lacey Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS Prepare the entries on both companies' books assuming that the exchange lacked commercial substance. (Credit account title Round answers to 0 decimal places, e.g. 12,515.) Beeman F2 F6