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Business, 19.02.2020 03:30 bellebug6208

Amble, Inc. exchanged a truck with a carrying amount of $12,000 and a fair value of $20,000 for a truck and $5,000 cash. The fair value of the truck received was $15,000. At what amount should Amble record the truck received in the exchange assuming the exchange?

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Amble, Inc. exchanged a truck with a carrying amount of $12,000 and a fair value of $20,000 for a tr...
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