Diaz Company owns a machine that cost $126,500 and has accumulated depreciation of $92,800. 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 $33,700 cash. 4. Diaz sold the machine for $40,500 cash. Journal entry worksheet 4 Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits. Diaz Company owns a machine that cost $126,500 and has accumulated depreciation of $92,800. 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 $33,700 cash. 4. Dlaz sold the machine for $40,500 cash. Journal entry worksheet Diaz Company owns a machine that cost $126,500 and has accumulated depreciation of $92,800. 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. Dlaz disposed of the machine, receiving nothing in return. 2. Diaz sold the machine for $16,800 cash. 3. Diaz sold the machine for $33,700 cash. 4. Diaz sold the machine for $40,500 cash. Journal entry worksheet 1 4 Record the sale of the machine for $33,700 cash. Note: Enter debits before credits. Diaz Company owns a machine that cost $126,500 and has accumulated depreciation of $92,800. 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 $33,700 cash. 4 . Dlaz sold the machine for $40,500 cash. Journal entry worksheet