Current Attempt in Progress Stellar SA exchanged equipment used in its manufacturing operations plus R$1.920 in cash for similar equipment used in the operations of Pearl Co. The following information pertains to the exchange Stellar SA Pearl Co Equipment cost Accumulated depreciation R$26,880 R$26,880 18.240 9.600 Fair value of equipment 12.960 14 880 Cash given up 1.920 (a) Prepare the journal entries to record the exchange on the books of both companies. Assume that the exchange lacks commercial substance. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Include in your journal entry separate account entries for both the new and old equipment. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Stellar SA: Pearl Company e Textbook and Media