Two small tourism businesses exchange their prospect databases. The one given up by the agency Sirocco is carried at a cost of 150,000, amortised by 90,000. The exchange has commercial substance, but none of the experts consulted manages to measure reliably the fair value of either database. Record the exchange in Sirocco's books.
- Cost of the database given up
- 150,000
- Accumulated amortisation of the database given up
- 90,000