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Diaz Company owns a machine that cost $126,100 and has accumulated depreciation of $90,300. Prepare the entry to record the disposal of the machine on

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Diaz Company owns a machine that cost $126,100 and has accumulated depreciation of $90,300. Prepare the entry to record the disposal of the machine on January 1 in each separate 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 $35,800cash. 4. Diaz sold the machine for $41,400cash. Journal entry worksheet Record the disposal of the machine receiving nothing in return. thote: Enter debity belese credits

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