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Business, 24.11.2021 06:40 alaynajk04

Diaz Company owns a machine that cost $126,400 and has accumulated depreciation of $93,500. 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 $16,100 cash. Diaz sold the machine for $32,900 cash. Diaz sold the machine for $41,000 cash.

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Diaz Company owns a machine that cost $126,400 and has accumulated depreciation of $93,500. Prepare...

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