Check my work 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 seperate 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. Dlaz sold the machine for $68,000 cash 4. Dlaz sold the machine for $80,000 cash. View transaction list Journal entry worksheet 2 3 4 Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits General Journal Dobit Credit Date Jan 01 13 CACC 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 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 $35,000 cash. 3. Diaz sold the machine for $68,000 cash. 4. Diaz sold the machine for $80,000 cash. View transaction list Journal entry worksheet Record the sale of the machine for $35,000 cash. Notut Enter debits before credits Date General Journal Debit Credit Jan 01 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 seperate 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. View transaction list 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 seperate situation 1. The machine needed extensive repairs and was not worth repairing. Dlaz 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. View transaction list Journal entry worksheet