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Required Information The following information applies to the questions displayed below.] On January 2, 2017, Bering Co. disposes of a machine costing $58,200 with accumulated

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Required Information The following information applies to the questions displayed below.] On January 2, 2017, Bering Co. disposes of a machine costing $58,200 with accumulated depreciation of $31,352 Prepare the entries to record the disposal under each of the following separate assumptions 1. The machine is sold for $22,517 cash. View transaction list Journal entry worksheet Record the sale of the machine for $22,517 cash. Note: Enter debits before credits. General Journal Debit Credit Date Jan 02 View general journal Record entry Clear entry

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