Chapter 9, Problem 9.15SE

To determine

Exchange of plant assets: It refers to the purchase of new plant assets in exchange of old plant assets.

Commercial substance: It means that the exchange of the plant asset cause changes in the future cash flows as more revenue will generate from the new plant asset due to an increase in its productivity. Thus, if the revenue earned or expenses incurred changes in the future due to the exchange of plant assets, then it will be referred as the exchange has a commercial substance.

To Journalize: the exchange of computers of A Incorporation