Diaz company owns a milling machine that cost $250,000 and has accumulated depreciation of $182,00.
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 $35,000 cash.3. diaz sold the machine for $68,000 cash.4. diaz sold the machine for $80,000 cash.
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 20:00, nestergurl101
With the slowdown of business, how can starbucks ensure that the importance of leadership development does not get overlooked?
Answers: 3
Business, 23.06.2019 10:00, bighomie28
When the amount paid for land is $36,000 and the amount paid for expenses is $10,000, the balance in total assets after transaction (b) is
Answers: 1
Business, 23.06.2019 17:30, mathhelpneeded66
The amount that people are willing to pay for each additionally unit of a product or service is the
Answers: 1
You know the right answer?
Diaz company owns a milling machine that cost $250,000 and has accumulated depreciation of $182,00....
Questions in other subjects:
Geography, 25.06.2019 05:50
Mathematics, 25.06.2019 06:00
