Diaz Company owns a machine that cost $126,000 and has accumulated depreciation of $91,400. Prepare the entry to record the disposal of the machine on January 1 in each seperate situation. 7 1. The machine needed extensive repairs and was not worth repairing. Dlaz disposed of the machine, recelving nothing In return. 2. Dlaz sold the machine for $16,000 cash. 3. Dlaz sold the machine for $34,600 cash. 4. Dlaz sold the machine for $40,800 cash. View transaction list Journal entry worksheet > 4 1 2 3 Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits. Date General Journal Debit Credit Jan 01 Dlaz Company owns a machine that cost $126,000 and has accumulated depreclation of $91,400. Prepare the entry to record the disposal of the machine on January 1 in each seperate situation. 7 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 $16,000 cash. 3. Dlaz sold the machine for $34,600 cash. 4. Dlaz sold the machine for $40,800 cash View transaction list Journal entry worksheet 1 3 4 Record the sale of the machine for $16,000 cash. Note: Enter debits before credits. Credit Debit General Journal Date Jan 01 Diaz Company owns a machine that cost $126,000 and has accumulated depreciation of $91,400. Prepare the entry to record the disposal of the machine on January 1 In each seperate situation. 7 1. The machine needed extensive repairs and was not worth repairing. Dlaz disposed of the machine, receiving nothing in return. 2. Diaz sold the machine for $16,000 cash. 3. Diaz sold the machine for $34,600 cash. 4. Dlaz sold the machine for $40,800 cash. View transaction list Journal entry worksheet 4 Record the sale of the machine for $34,600 cash. Note: Enter debits before credits. Debit Credit General Journal Date Jan 01 Diaz Company owns a machine that cost $126,000 and has accumulated depreciation of $91,400. Prepare the entry to record the disposal of the machine on January 1 in each seperate situation. 7 1. The machine needed extensive repairs and was not worth repairing. Dlaz disposed of the machlne, receiving nothing in return. 2. Dlaz sold the machine for $16,000 cash. 3. Dlaz sold the machine for $34,600 cash. 4. Diaz sold the machine for $40,800 cash View transaction list Journal entry worksheet 1 2