Diaz Company owns a machine that cost $126,500 and has accumulated depreciation of $90,400. 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 $15.700 cash 3. Dlaz sold the machine for $36100 cash 4. Dlaz sold the machine for $40,300 cash View transaction list Journal entry worksheet 1 2 3 4 Record the disposal of the machine receiving nothing in return Not Entries before credits Date General Journal Debit Credit Jan 01 Diaz Company owns a machine that cost $126.500 and has accumulated depreciation of $90.400. 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 $15.700 cash 3. Dlaz sold the machine for $36100 cash. 4. Diaz sold the machine for $40,300 cash. View transaction list Journal entry worksheet 2 Record the sale of the machine for $15,700 cash Note Entor debits before credits Date General Journal Debit Credit Jan 01 4. Diaz sold the machine for $40,300 cash View transaction list Journal entry worksheet 1 View transaction list Journal entry worksheet