Riverbed Corporation traded a used truck for a new truck. The used truck cost $20,200...
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Accounting
Riverbed Corporation traded a used truck for a new truck. The used truck cost $20,200 and has accumulated depreciation of $17,170. The new truck is worth $35,350. Riverbed also made a cash payment of $33,330 Prepare Riverbed's entry to record the exchange. (The exchange has commercial substance.) (Credit accoun automatically indented when amount is entered. Do not indent manually. If no entry is required, s Entry" for the account titles and enter 0 for the amounts.) Credit Debit Account Titles and Explanation

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