newconnect education.com low connect.html 8. Preview Homework Help Save & El Check Exercise 8-16 Disposal of assets LO P2 Diaz Company owns a milling machine that cost $126,300 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 $16,300 cash 3. Diaz sold the machine for $35,000 cash 4. Diaz sold the machine for $41,000 cash View transaction list Journal entry worksheet 1 2 3 4 Record the disposal of the machine receiving nothing in return Note: Enter debits before credits Date General Journal Debit Credit apter 8. Preview Homework Help Save & Exit Check my 2001 Exercise 8-16 Disposal of assets LO P2 Diaz Company owns a milling machine that cost $126,300 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 $16,300 cash. 3. Diaz sold the machine for $35,000 cash 4. Diaz sold the machine for $41,000 cash. View transaction list Journal entry worksheet Record the sale of the machine for $16,300 cash. Note: Enter debits before credits Date General Journal Debit Credit Jan 03 Help Save & Exit Sut Chapter 8 Preview Homework Check my wo Exercise 8-16 Disposal of assets LO P2 125 Diaz Company owns a milling machine that cost $126,300 and has accumulated depreciation of $91,300. Prepare the entry to record the disposal of the miling machine on January 3 under each of the following independent situations. 05.18 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 $16,300 cash 3. Diaz sold the machine for $35,000 cash. 4. Diaz sold the machine for $41,000 cash View transaction list Journal entry worksheet Exercise 8-16 Disposal of assets LO P2 125 points Diaz Company owns a milling machine that cost $126,300 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. 04:15:10 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 $16,300 cash 3. Diaz sold the machine for $35,000 cash. 4. Dlaz sold the machine for $41.000 cash. View transaction list Journal entry worksheet