Journal entry worksheet Record the sale of the machine for $16,800 cash. Note: Enter debits before credits. Diaz Company owns a machine that cost $126,100 and has accumulated depreciation of $94,400. 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 $16,800 cash. 3. Diaz sold the machine for $31,700 cash. 4. Diaz sold the machine for $41,500 cash. Journal entry worksheet Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits. Journal entry worksheet Record the sale of the machine for $31,700 cash. Note: Enter debits before credits. Journal entry worksheet Record the sale of the machine for $41,500 cash. Note: Enter debits before credits