Diaz Company owns a machine that cost $126,500 and has accumulated depreciation of $92,500. Prepare the entry to record the 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 machine, receiving nothing in return 2. Diaz sold the machine for $17,500 cash. 3. Diaz sold the machine for $34.000 cash. 4. Diaz sold the machine for $41,000 cash. View transaction list Journal entry worksheet 1 2 3 Record the disposal of the machine receiving nothing in return Note: Enter debits before credits General Journal Debit Credit Dato Jan 01 Record entry Clear entry View general Journal Diaz Company owns a machine that cost $126,500 and has accumulated depreciation of $92,500. Prepar 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 machine, rece 2. Diaz sold the machine for $17,500 cash. 3. Diaz sold the machine for $34,000 cash. 4. Diaz sold the machine for $41,000 cash. View transaction list Journal entry worksheet Record the sale of the machine for $17,500 cash. ces Note: Enter debits before credits. Date General Journal Dobit Credit Jan 01 Record entry Clear entry View general journal Diaz Company owns a machine that cost $126,500 and has accumulated depreciation of $92,500. Prepare the er 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 machine, receiving na 2. Diaz sold the machine for $17,500 cash. 3. Diaz sold the machine for $34,000 cash. 4. Diaz sold the machine for $41,000 cash. View transaction list Journal entry worksheet