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A company purchased a machive for $300.000.The accumuated deprecianon on the machine is now $100,000. The machine is junked. wahich journal entry is prepared lo
A company purchased a machive for $300.000.The accumuated deprecianon on the machine is now $100,000. The machine is junked. wahich journal entry is prepared lo record the desposa? O A, debit Loss on Disposal of Machine for $200,000 debit Accumlated Depreciason-Machine for $100,000 and creat Machine for $300c00 OB oebn Accumuated Depreciation-Machine for $100.000 and cede Machine for $100.000 ? C. 0eot Accumulated DepreciationMachine for S300,000. caecii Machio tr S 100, 000 and credit Gan on Desposal of Machine for sao oo ? D. O OR Loss on Disposal of Machine for S2000,000, debt Accumulted Deprecsten Machne S20000 and creat Machine tr S40000
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