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Diaz Company owns a machine that cost $126,200 and has accumulated depreciation of $94100. Prepare the entry to record the disposal of the machine on
Diaz Company owns a machine that cost $126,200 and has accumulated depreciation of $94100. 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 Duz disposed of the machine, receiving nothing in return 2. Diaz sold the machine for $15,800 cash 3. Diaz sold the machine for $32,100 cash. 4. Diaz sold the machine for $40,200 cash View transaction ist Journal entry worksheet 1 2 3 > 4 Record the disposal of the machine recieving nothing in return. 18 Nyt 1 N 3 4 Record the sale of the machine for $15,800 cash. Note: Enter debits before credits. Date General Journal Debit Credit Jan 01 Journal entry worksheet 1 2 4 > Record the sale of the machine for $32, 100 cash. Note: Enter debits before credits Date General Journal Debit Credit Jan 01 Record the sale of the machine for $40,200 cash. Note: Enter debits before credits. Date General Journal Debit Credit Jan 01
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