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On January 2, 2020, Direct Shoes Inc. disposed of a machine that cost $86,000 and had been depreciated $46,450. Present the journal entries to
On January 2, 2020, Direct Shoes Inc. disposed of a machine that cost $86,000 and had been depreciated $46,450. Present the journal entries to record the disposal under each of the following unrelated assumptions: a. The machine was sold for $34,500 cash. View transaction list Journal entry worksheet not < 1 Record the sale of machine. Note: Enter debits before credits Date General Journal Debit Credit Help
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