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8 Check my work 6.66 Diaz Company owns a machine that cost $126,300 and has accumulated depreciation of $91,900. Prepare the entry to record
8 Check my work 6.66 Diaz Company owns a machine that cost $126,300 and has accumulated depreciation of $91,900. 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 $15,800 cash. 3. Diaz sold the machine for $34,400 cash. 01:13:25 ME Graw H 4. Diaz sold the machine for $40,300 cash Journal entry worksheet Record the sale of the machine for $15,800 cash. Note: Enter before Dale January 01 Cash 3 7 2 83 Q A tion N S M General Journal Debit Cred 15.800 Accumulated depreciation--Machine Loss on sale of machine 20 " E 53 20 $1,000 MacBook Air % 5 6 47 01 " T Y U D F G H x C H command > 00 J " B N M 61 " 01 K L . A H P m 13 command option ' 1
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