Business, 07.08.2019 00:30 karnun1201

Diaz company owns a milling machine that cost $250,000 and has accumulated depreciation of $182,000. 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.

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Diaz company owns a milling machine that cost $250,000 and has accumulated depreciation of $182,000....