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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 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 $35,000 cash. 3. Diaz sold the machine for $68,000 cash. 4. Diaz sold the machine for $80,000 cash. Journal entry worksheet 2 4 Pecord the disposal of the machine receiving nothing in return. Noter Enter debits tefore credits: 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 separate situation. 1. The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in retum. 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. Journal entry worksheet 4 Record the sale of the machine for $35,000 cash. Note: Enter debits before credits: 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 separate situation. 1. The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in retum. 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. Journal entry worksheet 1 4 Record the sale of the machine for $68,000 cash. Note: Enter debits belore credits. 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 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 $35,000 cash. 3. Diaz sold the machine for $68,000 cash. 4. Diaz sold the machine for $80,000 cash. Journal entry worksheet Record the sale of the machine for $80,000 cash. Note: Enter debits before credits. e machine needed extensive repairs and was not worth repairing. Diaz az sold the machine for $35,000 cash. az sold the machine for $68,000 cash. az sold the machine for $80,000 cash. urnal entry worksheet 2 machine needed extensive repairs and was not worth repairing. sold the machine for $35,000 cash. sold the machine for $68,000 cash. sold the machine for $80,000 cash. Irnal entry worksheet lournal entry worksheet 2 laz sold the machine for $35,000 cash. iaz sold the machine for $68,000 cash. iaz sold the machine for $80,000 cash. ournal entry worksheet urnal entry worksheet he machine on January 1 in each separate situation. achine needed extensive repairs and was not worth repairin old the machine for $35,000 cash. oid the machine for $58,000 cash. old the machine for $80,000 cash. nal entry worksheet

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