Business, 06.11.2019 01:31 lopeznadia838

Diaz company owns a machine that cost $250,000 and has accumulated depreciation of $182,000. prepare the entry to record the disposal of the machine on january 1 in each seperate 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 $35,000 cash.
diaz sold the machine for $68,000 cash.
diaz sold the machine for $80,000 cash.

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