Diaz Company owns a machine that cost $126,500 and has accumulated depreciation of $93,800. 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. Dlaz disposed of the machine, receiving nothing in return. 2. Diaz sold the machine for $16,800 cash. 3. Dlaz sold the machine for $32,700 cash 4. Dlaz sold the machine for $42,000 cash. View transaction list Journal entry worksheet 1 2 3 4 Record the disposal of the machine receiving nothing in return NoteEnter debits before credits General Journal Debit Dato January 01 Credit Diaz Company owns a machine that cost $126,500 and has accumulated depreciation of $93,800. 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, Dlaz disposed of the machine, receiving nothing in return 2. Diaz sold the machine for $16,800 cash 3. Dlaz sold the machine for $32,700 cash. 4. Dlaz sold the machine for $42,000 cash. View transaction list Journal entry worksheet Diaz Company owns a machine that cost $126,500 and has accumulated depreciation of $93,800. 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, Dloz disposed of the machine, receiving nothing in return 2. Diaz sold the machine for $16,800 cash. 3. Dlaz sold the machine for $32,700 cash. 4. Dlaz sold the machine for $42,000 cash. View transaction list Journal entry worksheet Diaz Company owns a machine that cost $126,500 and has accumulated depreciation of $93,800. 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. Dlaz sold the machine for $16,800 cash. 3. Dlaz sold the machine for $32,700 cash 4. Dlaz sold the machine for $42.000 cash. View transaction list Journal entry worksheet 2 3 4 Record the sale of the machine for $32,700 cash. Note: Enter debits before credits Date General Journal Debit Credit January 01 Dlaz Company owns a machine that cost $126,500 and has accumulated depreciation of $93,800. 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. Dlaz sold the machine for $16,800 cash. 3. Dlaz sold the machine for $32,700 cash 4. Dlaz sold the machine for $42,000 cash. View transaction list Journal entry worksheet
