Record the exchange for both robers and phifer the exchange
On September 3, 2013, the Robers Company exchanged equipment with Phifer Corporation. The facts of the exchange are as follows:
Required:Record the exchange for both Robers and Phifer. The exchange has commercial substance for bothcompanies.
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on september 3 2013 the robers company exchanged equipment with phifer corporation the facts of the exchange are as
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