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sos Diaz Company owns a machine that cost $125,600 and has accumulated depreciation of $90,200. Prepare the entry to record the disposal of the machine
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Diaz Company owns a machine that cost $125,600 and has accumulated depreciation of $90,200. Prepare the entry to record the disposal of the machine on January 1 in each separate situation. 1. The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return. 2. Diaz sold the machine for $16,100cash. 3. Diaz sold the machine for $35,400 cash. 4. Diaz sold the machine for $41,200cash. Journal entry worksheet Record the disposal of the machine recelving nothing in return. Note: Enter debits before credits. Siaz Company owns a machine that cost $125,600 and has accumulated depreciation of $90,200. Prepare the entry to record the disposal of the machine on January 1 in each separate situation. 1. The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return. 2. Diaz sold the machine for $16,100 cash. 3. Diaz sold the machine for $35,400cash. 4. Dlaz sold the machine for $41,200 cash. Journal entry worksheet Record the sale of the machine for $16,100 cash. Note: Enter debits before credits: iaz Company owns a machine that cost $125,600 and has accumulated depreciation of $90,200. Prepare the entry to record the isposal of the machine on January 1 in each separate situation. The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return, Dlaz sold the machine for $16,100 cash. Diaz sold the machine for $35,400 cash. 4iaz sold the machine for $41,200 cash. Journal entry worksheet Record the sale of the machine for $35,400 cash. Note: Enter debits before credits. laz Company owns a machine that cost $125,600 and has accumulated depreciation of $90,200. Prepare the entry to record the isposal of the machine on January 1 in each separate situation. .The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return. .. Diaz sold the machine for $16,100 cash. Diaz sold the machine for $35,400 cash. 4. Diaz sold the machine for $41,200 cash. Journal entry worksheet Record the sale of the machine for $41,200 cash. Note: Enter debits before credits Step by Step Solution
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