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A computer server system,which had cost $210,000 and had accumulated depreciation of $147,000,was traded for a new system with a fair market value of $235,000.The old system and cash of $180,000 were given for the new system.Prepare the journal entry for the exchange of these similar assets.
Sociology
The examination of social existence, social transformation, and the social reasons and effects of human actions.
Collective Conscious
A compilation of collective ideologies, concepts, and moral stances that serve as a bonding agent among societal members.
Mechanical Societies
Mechanical societies, a term from Émile Durkheim, describe traditional societies characterized by similarities and a collective conscience, where solidarity comes from uniformity.
Organic Societies
Refers to societies that function cohesively, with each part working together, similar to an organism, often contrasted with mechanical or industrial societies.
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