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give all journal entries related to the disposal of wash machine in the current year -record the depreciation & disposal for a,b &c Required information

give all journal entries related to the disposal of wash machine in the current year
-record the depreciation & disposal for a,b &c
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Required information [The following Information applies to the questions displayed below) During the current year, Merkley Company disposed of three different assets. On January 1 of the current year, prior to the disposal of the assets, the accounts reflected the following: Asset Machine A Machine B Machine Original Cost $ 30,000 69, eee 76,1ee Residual Value $ 3,eee 4,000 5,900 Estimated Life 8 years 8 years 16 years Accumulated Depreciation (straight line) $20, 250 (6 years) 48,750 (6 years) 52,650 (12 years) The machines were disposed of during the current year in the following ways: a. Machine A: Sold on January 1 for $9.450 cash b. Machine B Sold on December 31 for $12,925, received cash, $2,200, and a $10,725 interest-bearing (12 percent) note receivable due at the end of 12 months c. Machine C: On January 1, this machine suffered irreparable damage from an accident. On January 10, a salvage company removed the machine at no cost. Required: 1. Give all journal entries related to the disposal of each machine in the current year. a. Machine A b. Machine B. c. Machine C. Complete the following questions by preparing worksheet and journal entries given below. Required A Required B Required CO 10 11 Prav of 13 Next > Required A Required B Required Give all journal entries related to the disposal of Machine A in the current year. (If no entry is required for a transaction/event, sele journal entry required" in the first account field.) View transaction list Journal entry worksheet

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