In a nonmonetary exchange of equipment, if the exchange has commercial substance, the new equipment...
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Accounting
In a nonmonetary exchange of equipment, if the exchange has commercial substance, the new equipment is recorded for: A book value of the old equipment given plus any cash received. B fair value of the old equipment given plus any cash received. C book value of the old equipment given plus any cash paid. D fair value of the old equipment given plus any cash paid. 
In a nonmonetary exchange of equipment, if the exchange has commercial substance, the
new equipment is recorded for:
A book value of the old equipment given plus any cash received.
B fair value of the old equipment given plus any cash received.
C book value of the old equipment given plus any cash paid.
D fair value of the old equipment given plus any cash paid.
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You can see the logs in the Dashboard.