Ragined Mactive a i ien if Journal entry worksheet. Ly Company disposed of two different assets. On January 1, prior to disposal of the assets, the accounts reflected the following: The machines were disposed of in the following woys: a. Machine A. This machine was sold on January 1 for $5,750 cash. b. Machine B: On January 1, this machine suffered irreparable damage from an accident and was removed immediately by a salvage compeny at no cost. Required: 1. Prepare the joumal entries related to the disposol of each machine at the beginning of the current year. Transoction "a" relotes to the recording of the depreciotion, and transaction " b " relates to the recording of the disposal of the machine. (If no entry is required for a transaction/event, select "No joumal entry required" in the first account field.) Machine A - Jan. 1 : Journal entry worksheet 1 Record the entry for disposal of Machine A. Nithat Enater debit before creditn. Journal entry worksheet MoEe Friter erbes bribe edis