Answer:
Punch Press 12,228.97
Lather 4,076.32
Welder 2,494.71
Step-by-step explanation:
We use the fair value of the acquired goods and then compare with the cost:
Punch press fair value 15,000
Lather fair value 5,000
Welder fair value 3,060
Total 23,060
All the Cost incurred to get the equipment read y for use:
17,000 purhcase + 1,800 installation: 18,800
we now cross multiply for each product:
15,000/23,060 x 18,800 = 12.228,9679
5,000/23,060 x 18,800 = 4.076,32263
3,060/23,060 x 18,800 = 2.494,7094
Punch Press 12,228.97 debit
Lather 4,076.32 debit
Welder 2,494.71 debit
Cash 18,800 credit