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Check Dlaz Company owns a machine that cost $126,600 and has accumulated depreciation of $91,600. Prepare the entry to record the disposal of the machine
Check Dlaz Company owns a machine that cost $126,600 and has accumulated depreciation of $91,600. Prepare the entry to record the disposal of the machine on January 1 In each seperate 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 $16,200 cash. 3. Dlaz sold the machine for $35,000 cash. 4. Diaz sold the machine for $40,100 cash. View transaction list Journal entry worksheet Dlaz Company owns a machine that cost $126,600 and has accumulated depreciation of $91,600. Prepare the entry to record the disposal of the machine on January 1 In each seperate 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 $16,200 cash. 3. Diaz sold the machine for $35,000 cash 4. Diaz sold the machine for $40,100 cash. View transaction list Journal entry worksheet Record the sale of the machine for $35,000 cash. Note: Enter debts before credits Date General Journal Debit Credit Jan 01 TIT Diaz Company owns a machine that cost $126,600 and has accumulated depreciation of $91,600. Prepare the entry to record the disposal of the machine on January 1 In each seperate 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 $16,200 cash, 3. Diaz sold the machine for $35,000 cash. 4. Dlaz sold the machine for $40,100 cash. View transaction list Journal entry worksheet
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