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Diaz Company owns a machine that cost $126.800 and has accumulated depreciation of $92.400. Prepare the entry to record the disposal of the machine on

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Diaz Company owns a machine that cost $126.800 and has accumulated depreciation of $92.400. 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 $16,000 cash 3. Diaz sold the machine for $34.400 cash 4. Dlaz sold the machine for $40,800 cash. View transaction list Journal entry worksheet Record the disposal of the machine receiving nothing in return Note: Enter debts before credits Date Jan 01 General Journal Debit Credit Racord entry Clear entry View general Journal Diaz Company owns a machine that cost $126,800 and has accumulated depreciation of $92,400. Prepare the entry to record the disposal of the machine on January 1 in each separate situation 1. The machine needed extensive repales and was not worth repairing Diaz disposed of the machine, receiving nothing in return 2. Dlaz sold the machine for $16,000 cash 3. Diaz sold the machine for $34 400 cash 4. Dlaz sold the machine for $40,800 cash View transaction is Journal entry worksheet 1 2 3 4 Record the disposal of the machine receiving nothing in return debits before credito Date General Journal Debit Credit Cherry View generala

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