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Machine B - January 1: Ly Company disosed of wo diferent assets. On January 1. prior to disposal of the assets the accounts reflected the
Machine B - January 1: Ly Company disosed of wo diferent assets. On January 1. prior to disposal of the assets the accounts reflected the following cumulated Original Residual Este Depreciation Asset Cost Value Life (straight-line) Kachine A $2,283 5 years $27,629 years) Kachine 6 59,282 3,283 14 years 48, ece (12 years) View transaction list The Machines were cisposed of in the following ways Journal entry worksheet a. Machine A This machine was sold on manue y 1 for $5750 cash o Machine 8: On..anuary 1. this machine suffered irreparable damage from an accident and was removed immediately hy a sewege company at no cosi Pequired: 1. Please the journal entres related to the disapsal cresch machine at the beginning of the current year. Transaction 's relates to the recording of the depreciation, and transacilan 'b' relates to the recording of the disposal of the machine. Of no entry is required for a transaction/event, select "No journal entry required in the first account field) Record the depreciation expense. Machine Avan. 1 View transaction lied Note: Enter debits before credits. Journal entry worksheet Transaction General Journal Debit Credit a. Pecord the depreciation expense. Transaction General Journal Dels Credit 8. Record entry Clear entry View general journal Revurderily Clean Vise you are
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