Diaz Company owns a machine that cost $126,400 and has accumulated depreciation of $94.700. 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 $16,900 cash. 3. Diaz sold the machine for $31700 cash. 4. Dlaz sold the machine for $41.400 cash. View transaction at Journal entry worksheet Record the sale of the machine for $16,900 cash. Note: Enter debits before credits General Journal Debit Credit Date Jan 01 Record entry Clear entry View general Journal Dlaz Company owns a machine that cost $126,400 and has accumulated depreciation of $94,700. 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 Dlaz sold the machine for $16,900 cash. 3. Diaz sold the machine for $31.700 cash. 4. Dlaz sold the machine for $41,400 cash. View transaction let Journal entry worksheet