Required information

$[$The following information applies to the questions displayed below.$]$

During the current year, Yost Company disposed of three different assets. On January $1$ of the current year,

prior to the disposal of the assets, the accounts reflected the following:

The machines were disposed of during the current year in the following ways:

a$.$ Machine A: Sold on January $1$ for $$8,100$ cash.

b$.$ Machine B: Sold on December $31$ for $$46,300$; received cash, $$37,040,$ and an $$9,260$ interest$-$bearing $(12$

percent$)$ note receivable due at the end of $12$ months.

c$.$ Machine C: On January $1,$ this machine suffered irreparable damage from an accident. On January $10,$ a

salvage company removed the machine at no cost$.$

Required:

Give all journal entries related to the disposal of each machine in the current year.

a$.$ Machine A$.$

b$.$ Machine B$.$

c$.$ Machine C$.$

Complete the following questions by preparing worksheet and journal entries given

below.

A

B

C

Give all journal entries related to the disposal of Machine $A$ in the current year.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first

account field.

Journal entry worksheet

$12$

Record the depreciation of Machine A$.$

Note: Enter debits before credits.