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Paz Company owns a machine that cost $250.000 and has accumulated depreciation of $182,000. Prepare the entry to record the isposal 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. Dlaz sold the machine for $35,000 cash. 3. Diaz sold the machine for $68,000 cash. 4. Dlaz sold the machine for $80,000 cash. Journal entry worksheet Diaz Company owns a machine that cost $250.000 and has accumulated depreciation of $182,000. 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 $35,000 cash. 3. Diaz sold the machine for $68,000 cash. 4. Diaz sold the machine for $80,000 cash. Journal entry worksheet Note: Enter debits before credits. Diaz Company owns a machine that cost $250,000 and has accumulated depreciation of $182,000. 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 $35,000 cash. 3. Diaz sold the machine for $68,000cash. 4. Diaz sold the machine for $80,000 cash. Journal entry worksheet Record the sale of the machine for $35,000 cash. Note: Enter debits before chedits. Diaz Company owns a machine that cost $250.000 and has accumulated depreciation of $182,000. 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, recelving nothing in return. 2. Diaz sold the machine for $35,000 cash. 3. Diaz sold the machine for $68,000 cash. 4. Diaz sold the machine for $80,000 cash. Journal entry worksheet Record the disposal of the machine recelving nothing in return. Notei Encer debits before credits