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Please help me find the number for loss on exchange of asset and Equipment- old...

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Accounting

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Please help me find the number for loss on exchange of asset and Equipment- old

To equalize the exchange, Phifer paid Robers $25,000 in cash. Required: Record the exchange for both Robers and Phifer. The exchange has commercial substance for both companies. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the exchange of equipment for Phifer Corporation. The exchange has commercial substance for both companies. To equalize the exchange, Phifer paid Robers $25,000 in cash. Note: Enter debits before credits

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