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Use the information given to fill out the 4 journal entries. Diaz Company owns a milling machine that cost $126,800 and has accumulated depreclation of

Use the information given to fill out the 4 journal entries.
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Diaz Company owns a milling machine that cost $126,800 and has accumulated depreclation of $93,300. Prepare the entry to record the disposal of the milling machine on January 3 under each of the following independent situations 1. The machine needed extensive repairs, and it 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 $33,500 cash. 4. Diaz sold the machine for $40,500 cash. View transaction list Journal entry worksheet Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits Debit Credit Date General Journal Jan 03 of $93,300. Prepare the entry to record 2. Diaz sold the machine for $16,100 cash 3. Diaz sold the machine for $33,500 cash 4. Diaz sold the machine for $40,500 cash. Journal entry worksheet K Prev5 of 6 Next > Diaz Company owns a miling machine that cost $126,800 and has accumulated depreclation of $93,300. Prepare the entry to record the disposal of the milling machine on January 3 under each of the following independent situations 1. The machine needed extensive repairs, and it 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 $33,500 cash. 4. Diaz sold the machine for $40,500 cash Journal entry worksheet Record the sale of the machine for $33,500 cash. Debit Credit Jan 03 Diaz Company owns a milling machine that cost $126,800 and has accumulated depreclation of $93,300 Prepare the entry to re the disposal of the illing machine on January 3 under each of the following independent situatlons. 1. The machine needed extensive repairs, and it 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 $33,500 cash. 4. Diaz sold the machine for $40,500 cash. Journal entry worksheet Record the sale of the machine for $40,500 cash. Date Jan 03 Next >

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