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Ly Compny disposed of two different assets. On January 1, prior to their disposal, the accounts reflected the following The machines were disposed of in

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Ly Compny disposed of two different assets. On January 1, prior to their disposal, the accounts reflected the following The machines were disposed of in the following ways a. Machine A. Sold on January 1 for $9.800cash. b. Machine B: On Januory 1, this machine was scrapped with zero proceeds (and zero cost of removal) Required: 1. \& 2. Prepare the journal entries relateb to the disposal of Machine A and B at the beginning of the curtent year (If no entry is required for a transaction/event, select "No Joumal Entry Required" in the first account field.)

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