Diaz Company owns a machine that cost $125 400 and has accumulated depreciation of $91500. Prepare the entry to record the disposal of the machine on January in each seperate situation 1. The machine needed extensive repairs and was not worth repairing Diaz disposed of the machine, receiving nothing in retum 2. Diaz sold the machine for $16,000 cash 3. Diaz sold the machine for $33.900 cash 4. Diaz sold the machine for $41,500 cash View transaction ist Journal entry worksheet . 1 2 Record the disposal of the machine receiving nothing in return Note Enter debits boreceta Debit General Journal Date Jan 01 Checimo Diaz Company owns a machine that cost $125,400 and has accumulated depreciation of 591,300. 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, recering mething in return 2. Diaz sold the machine for $16,000 cash. 3. Diaz sold the machine for $33,900 cash 4. Diaz sold the machine for $41.500 cash. View transaction list Journal entry worksheet > 4