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Diaz Company owns a machine that cost $ 1 2 6 , 1 0 0 and has accumulated depreciation of $ 9 3 , 5

Diaz Company owns a machine that cost $126,100 and has accumulated depreciation of $93,500. Prepare the entry to record the disposal of the machine on January 1 in each separate situation.
The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return.
Diaz sold the machine for $17,400 cash.
Diaz sold the machine for $32,600 cash.
Diaz sold the machine for $40,200 cash.
Journal entry worksheet
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Record the disposal of the machine receiving nothing in return.
Note: Enter debits before credits.
\table[[Date,General Journal,Debit,Credit],[January 01,Machine,126,100,],[,Accumulated depreciation-Machine,,93,500],[,,,],[,,,],[,,,],[,,,]]
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