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10 9 points Diaz Company owns a machine that cost $125,000 and has accumulated depreciation of $91,700. Prepare the entry to record the disposal

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10 9 points Diaz Company owns a machine that cost $125,000 and has accumulated depreciation of $91,700. Prepare the entry to record the disposal of the machine on January 1 in each separate situation. 1. The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return. 2. Diaz sold the machine for $16,600 cash. 3. Diaz sold the machine for $33,300 cash. 4. Diaz sold the machine for $40,600 cash. eBook 01 Hint View transaction list Print References Journal entry worksheet 1 2 3 4 Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits. Date January 01 General Journal Debit Credit View general journal Record entry Clear entry

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