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Business, 18.05.2021 19:20 chavez0

Pensacola Inc. exchanged old equipment for new equipment in two exchange transactions. Each transaction has commercial substance. Old Equipment Cash Book Value Fair Value Received Equipment A $ 73,400 $ 81,100 $ 11,800 Equipment B $ 60,600 $ 54,400 $ 9,500 For Equipment A, Pensacola would record the new equipment at:

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Pensacola Inc. exchanged old equipment for new equipment in two exchange transactions. Each transact...
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