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Diaz Company owns a milling machine that cost $126,600 and has accumulated depreciation of $91,300. Prepare the entry to record the disposal of the milling

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Diaz Company owns a milling machine that cost $126,600 and has accumulated depreciation of $91,300. Prepare the entry to record the disposal of the milling machine on January 3 under each of the following independent situations. 1. The machine needed extensive repairs, and it was not worth repairing. Diaz disposed of the machine, receiving nothing in return 2. Diaz sold the machine for $16,500 cash. 3. Diaz sold the machine for $35,300 cash. 4. Diaz sold the machine for $41,900 cash. Book Hint Ask Print View transaction list Journal entry worksheet 4 Record the disposal of the machine receiving nothing in return Prev 1of 1 Next here to search

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