Saturn Co purchases a used machine for 5. 000 cash on January 2 andreadles to use the next day at an $10 DDO CS Onlanay e d on Mong DCO and tumer readed for operations The company pred m e will be used for eyes and have a SOCO salge value Den o n is to be charged on a wine as On December the end of year in c o ndo Required information 8.00 points Required: 1. Prepare journal entries to record the machine's purchased the costs to read and instalit Cash is paid for all costs incurred. Omit the sign in your response.) Date Dahit Credit Jan.2 Generallouma Machinery purchase cost Click to select) (Click to select) lan 3 Preparation cost Click to select) (Click to select) Jan. 3 Operating platformu (Click to select) (Click to select) 2. Required information 8.00 points 2. Prepare journal entries to record depreciation of the machine at December 31. (Omit the "S" sign in your response.) als first year in operations Credit Dec 31 General Joumal Click to select) (Click to select The year of taisposal Dec 31 General Jou Click to select) Click to select Click to select (h) The year of its disposal Dale General Journal Dec 31 (Click to select) (Click to select) Credit Required information 15.00 points 3. Prepare joumal entries to record the machine's disposal under each of the following separate assumptions (Omit the sign in your response) (8) It is sold for $21.500 cash. Date Deon Credit Dec 31 Ganeral Journal Click to select) (Click to select) (Click to select) (Click to select) (6) It is sold for $98 000 cash. Date Credit Dec 31 General Journal (Click to select) (Click to select) (Click to select) (Click to select) (c) it is destroyed in a fine and the insurance company pays $35 000 cash to see the loss claim Debil Credit Dec 31 Ceneral Joumal (Click to select) (Click to select) (Click to select) (Click to select) 02020 McGraw Hil Education. All rights reserved. Saturn Co purchases a used machine for 5. 000 cash on January 2 andreadles to use the next day at an $10 DDO CS Onlanay e d on Mong DCO and tumer readed for operations The company pred m e will be used for eyes and have a SOCO salge value Den o n is to be charged on a wine as On December the end of year in c o ndo Required information 8.00 points Required: 1. Prepare journal entries to record the machine's purchased the costs to read and instalit Cash is paid for all costs incurred. Omit the sign in your response.) Date Dahit Credit Jan.2 Generallouma Machinery purchase cost Click to select) (Click to select) lan 3 Preparation cost Click to select) (Click to select) Jan. 3 Operating platformu (Click to select) (Click to select) 2. Required information 8.00 points 2. Prepare journal entries to record depreciation of the machine at December 31. (Omit the "S" sign in your response.) als first year in operations Credit Dec 31 General Joumal Click to select) (Click to select The year of taisposal Dec 31 General Jou Click to select) Click to select Click to select (h) The year of its disposal Dale General Journal Dec 31 (Click to select) (Click to select) Credit Required information 15.00 points 3. Prepare joumal entries to record the machine's disposal under each of the following separate assumptions (Omit the sign in your response) (8) It is sold for $21.500 cash. Date Deon Credit Dec 31 Ganeral Journal Click to select) (Click to select) (Click to select) (Click to select) (6) It is sold for $98 000 cash. Date Credit Dec 31 General Journal (Click to select) (Click to select) (Click to select) (Click to select) (c) it is destroyed in a fine and the insurance company pays $35 000 cash to see the loss claim Debil Credit Dec 31 Ceneral Joumal (Click to select) (Click to select) (Click to select) (Click to select) 02020 McGraw Hil Education. All rights reserved