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Record the exchange for both robers and phifer

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Reference no: EM13882333

On September 3, 2013, the Robers Company exchanged equipment with Phifer Corporation. The facts of the exchange are as follows:

1344_270-B-A-I-A (3589).png

Required:
Record the exchange for both Robers and Phifer. The exchange has commercial substance for bothcompanies.

Reference no: EM13882333

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