A method and an electronic device for sending and receiving data are provided. The method of the electronic device for sending and receiving data includes detecting a communication event of other electronic device, if detecting the communication event, sending information of an application running on the electronic device, to the other electronic device, receiving information of an application running on the other electronic device, from the other electronic device, determining an application execution screen by comparing the application information of the electronic device with the application information received from the other electronic device, and displaying the determined application execution screen.