Question: On January 1 , 2 0 2 3 A l - Quds Co . exchanged productive assets with Birzeit Co . . Al - Quds's
On January Quds Co exchanged productive assets
with Birzeit Co AlQuds's asset is referred to below as "Asset
A and Birzeit's is referred to as "Asset B The following facts
pertain to these assets. Assume the exchange lacks
commercial substance.
Required
Prepare the exchange entry for AlQuds company.
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