Diaz Company owns a machine that cost $126,300 and has accumulated depreciation of $91,900. 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, receiving nothing in return. 2. Diaz sold the machine for $16,800 cash. 3. Diaz sold the machine for $34,400 cash. 4. Diaz sold the machine for $41,200 cash. View transaction list Journal entry worksheet < 2 4 Record the sale of the machine for $16,800 cash. Note: Enter debits before credits. Date Jan 01 Cash General Journal Debit Credit Loss on disposal of machine. Accumulated depreciation-Machine Record entry Clear entry View general journal Diaz Company owns a machine that cost $126,300 and has accumulated depreciation of $91, disposal of the machine on January 1 in each seperate situation 1. The machine needed extensive repeirs and was not worth repairing. Diez disposed of the n 2. Diar sold the machine for $16,800 cash 3. Diaz sold the machine for $34,400 cash 4. Diar sold the machine for $41,200 cesh Journal entry worksheet < 4 Record the sale of the machine for $34,400 cash. Nerds before Data Jan 01 Record entry Clear entry n Duble Cru 22 20 F3 000 DOO 14 # 3 $ 64 4 #3 72 % 85 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 2. Diaz sold the machine for $16,800 cash. 3. Diaz sold the machine for $34,400 cash. 4. Diaz sold the machine for $41,200 cash. View transaction list Journal entry worksheet < 3 Record the sale of the machine for $41,200 cash. Note: Enter debits before credits. Date Jan 01 General Journal Debit Credit Record entry Clear entry View general journal