The case is Non-monetary Assets Exchanges

Also this is conceening Property Plant and equipment Chapter 10

Help | System Announcements Accounting, 16th Edition, Custom WileyPLUS BlackBoard Course Card for Bronx Community College PRINTER VERSION 1 BACK NEXT Concept for Analysis 10-4 You have two clients that are considering trading machinery with each other. Although the machines are different from each other, you believe that an assessment of expected cash flows on the exchanged assets will indicate the exchange lacks commercial substance. Your clients would prefer that the exchange be deemed to have commercial substance, to allow them to record gains. Here are the facts: Client A Client B Original cost $107,000 $149,100 Accumulated depreciation 35,400 78,300 Fair value 86,200 100,800 Cash received (paid) (14,600) 14,600 Record the trade-in on Client A's books assuming the exchange has commercial substance. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT Record the trade-in on Client A's books assuming the exchange lacks commercial substance. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit 8:32 PM 9 ? (" (3) ENG 4/24/2020 hpPRINTER VERSION BACK Record the trade-in on Chent A's books assuming the exchange lacks commercial substance. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) nit Titles and Explanation Debit Credit NOW LIST OF ACCOUNTS UNK TO TEXT Record the entry on Client B's books assuming the exchange has commercial substance. (If ne entry is required. select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) count Titles and Explanation Debit crean SHOW LIST OF ACCOUNTS INS TO TEXT 9 ? ~ ( 40) ENG 8:35 PM 4/24/2020LINK TO TEXT Record the entry on Client B's books assuming the exchange lacks commercial substance. (Round intermediate calculations to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places e.g. 58,971. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit SNOW LIST OF ACCOUNTS LINK TO TEXT Question Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER 8:36 PM e 9 ? ENG 4/24/2020 end pg UP og dn 10 12 (p) prt sc delete home & 5 6 8 O lock