Wildhorse Corporation, which manufactures shoes, hired a recent college graduate to work in its accounting department. On the first day of work, the accountant was assigned to total a batch of imvoices with the use of an adding machine. Before long, the accountant. who had never before seen such a machine, managed to break the machine. Wildhorse Corporation gave the machine plus $462 to Sheffield Business Machine Company (dealer) in exchange for a new machine. Assume the following information about the machines. For each company, prepare the necessary iournal entry to record the exchange. (The exchange has commercial substance) (Credit account tities are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. List all debit entries before credit entries) For each company, prepare the necessary journal entry to record the exchange. (The exchange has commercial substance.) (Credit account titles are outomaticoily indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) Wildhorse Corporation Machinery Accumulated Depreciation - Machinery Loss on Disposal of Machinery Machinery Cash Sheffield Business Machine Company. Cash Inventory Cost of Goods Sold Sales Revenue Inventory