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Business, 22.04.2020 00:27 viktoria1198zz

Whispering Company traded a used welding machine (cost $11,340, accumulated depreciation $3,780) for office equipment with an estimated fair value of $6,300. Whispering also paid $3,780 cash in the transaction. Prepare the journal entry to record the exchange. (The exchange has commercial substance.) g

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Whispering Company traded a used welding machine (cost $11,340, accumulated depreciation $3,780) for...

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