Nate's Hot Dogs exchanges long-term assets with Lizzy's Lemonade. Nate receives a delivery truck and gives up a piece of machinery. The fair value and book value of the machinery were $30,000 and $20,000 (original cost of $33,000 less accumulated depreciation of $13,000), respectively. Since the delivery truck was worth $33,000, Nate paid an additional $3,000 in cash to Lizzy. Record the exchange for Nate's Hot Dogs. Transaction General Journal Debit Credit 1

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