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8 Diaz Company owns a machine that cost $125,900 and has accumulated depreciation of $91700. Prepare the entry to record the disposal of the machine
8 Diaz Company owns a machine that cost $125,900 and has accumulated depreciation of $91700. 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. Dlaz disposed of the machine, recelving nothing in return 2. Diaz sold the machine for $17,100 cash. 3. Dlaz sold the machine for $34,200 cash 4. Diaz sold the machine for $41.500 cash. eBook Hint Print View transaction list ferences Journal entry worksheet 2 3 4 1 Record the disposal of the machine receiving nothing in return Note: Enter debits before credits Date General Journal Debit Credit Jan 01 Taw II
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