Diaz Company owns a machine that cost $127,000 and has accumulated depreciation of $94,200. 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 $16,600 cash. 3. Diaz sold the machine for $32,800 cash. 4. Diaz sold the machine for $42,000 cash. Journal entry worksheet Record the disposal of the machine receiving nothing in return. Nale: Enler debis Defaie ciedis. Exerclse 10-17 (Algo) Disposal of assets LOP2 Diaz Company owns a machine that cost $127,000 and has accumulated depreciation of $94,200. 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 Diar sold the machine for $16,600 cash. 3. Diaz sold the machine for $32,800 cash. 4. Diaz sold the machine for $42,000 cash. Journal entry worksheet Record the sale of the machine for $16,600 cash. Nale: Enler dedisz befare credis. Exerclse 10-17 (Algo) Dlsposal of assets LO P2 Diaz Company owns a machine that cost $127,000 and has accumulated depreciation of $94,200. 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 $16,600 cash. 3. Diar sold the machine for $32,800 cash. 4. Diaz sold the machine for $42,000 cash. Journal entry worksheet Record the sale of the machine for $32,800 cash. Nale: Enlel debisz Defaie ciedis. Exerclse 1017 (Algo) Dlsposal of assets LO P2 Diaz Company owns a machine that cost $127,000 and has accumulated depreciation of $94,200. 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 $16,600 cash. 3. Diaz sold the machine for $32,800 cash. 4. Diaz sold the machine for $42,000 cash. Journal entry worksheet Record the sale of the machine for $42,000 cash. Nabe: En be' dedib delare ciedis