Business, 09.10.2021 17:30 samueldfhung
Diaz Company owns a machine that cost $125,900 and has accumulated depreciation of $92,100. Prepare the entry to record the disposal of the machine on January 1 in each separate situation. 1. The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return. 2. Diaz sold the machine for $17,300 cash. 3. Diaz sold the machine for $33,800 cash. 4. Diaz sold the machine for $41,100 cash.
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Diaz Company owns a machine that cost $125,900 and has accumulated depreciation of $92,100. Prepare...
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