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1. Record the disposal of the machine receiving nothing in return. 2. Record the sale of the machine for $17,400 cash. 3. Record the sale
1. Record the disposal of the machine receiving nothing in return.
2. Record the sale of the machine for $17,400 cash.
3. Record the sale of the machine for $34,100 cash.
4. Record the sale of the machine for $41,800 cash.
Diaz Company owns a machine that cost $125,400 and has accumulated depreclation of $91,300. Prepare the entry to record the disposal of the machine on January 1 In each separate situation. 1. The machine needed extensive repalrs and was not worth repalring. Dlaz disposed of the machine, recelving nothing in return. 2. Dlaz sold the machine for $17,400 cash. 3. Dlaz sold the machine for $34,100 cash. 4. Dlaz sold the machine for $41,800 cash. Journal entry worksheet 4 Record the disposal of the machine receiving nothing in return. Note: Enter debits before creditsStep by Step Solution
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