Bonita corporation traded a used truck for a small computer
Question - Bonita Corporation traded a used truck (cost $25,200, accumulated depreciation $22,680) for a small computer with a fair value of $4,158. Bonita also paid $630 in the transaction.
Prepare the journal entry to record the exchange.
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question - bonita corporation traded a used truck cost 25200 accumulated depreciation 22680 for a small computer with a
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