Diaz Company owns a machine that cost $125,400 and has accumulated depreciation of $90,900. 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 $17,500 cash. 3. Diaz sold the machine for $34,500 cash. 4. Diaz sold the machine for $41,300 cash. Journal entry worksheet
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Diaz Company owns a machine that cost $125,400 and has
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 $17,500 cash.
3. Diaz sold the machine for $34,500 cash.
4. Diaz sold the machine for $41,300 cash.
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- Diaz Company owns a machine that cost $125,400 and has accumulated depreciation of $92,500. Prepare the entry to record the disposal of the machine on January 1 in each seperate 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 $16,300 cash. 3. Diaz sold the machine for $32,900 cash. 4. Diaz sold the machine for $40,400 cash. View transaction list Journal entry worksheet 3 Record the sale of the machine for $40,400 cash. Note: Enter debits before credits. Date General Journal Debit Credit Jan 01 Record entry Clear entry View general journalDiaz Company owns a machine that cost $126,600 and has accumulated depreciation of $90,500. 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 $16,400 cash. 3. Diaz sold the machine for $36,100 cash. 4. Diaz sold the machine for $40,400 cash. View transaction list Journal entry worksheet 2 3 4 Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits. Date January 01 General Journal Debit Credit Record entry Clear entry View general journalDiaz 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.
- Diaz Company owns a machine that cost $126,600 and has accumulated depreciation of $94,200, Prepare the entry to record the disposal of the machine on January 1 in each seperate 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 $17,400 cash. 3. Diaz sold the machine for $32,400 cash. 4. Diaz sold the machine for $40,400 cash.ces Diaz Company owns a machine that cost $126,900 and has accumulated depreciation of $93,300. 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 $15,700 cash. 3. Diaz sold the machine for $33,600 cash. 4. Diaz sold the machine for $40,600 cash. View transaction list Journal entry worksheet 2 3 4 Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits. > P Notification Suggestions Turn off notifications from Se We noticed you haven't openDlaz Company owns a machine that cost $126,300 and has accumulated depreciation of $94,400. Prepare the entry to record the disposal of the machine on January 1 in each seperate 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 $17,000 cash. 3. Dlaz sold the machine for $31,900 cash. 4. Diaz sold the machine for $41,100 cash. View transaction list ces Journal entry worksheet 1 3 4 Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits. Debit Credit Date General Journal Jan 01 MacBook Air
- Dlaz Company owns a machine that cost $126,300 and has accumulated depreciation of $94,400. Prepare the entry to record the disposal of the machine on January 1 in each seperate 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 $17,000 cash. 3. Dlaz sold the machine for $31,900 cash. 4. Diaz sold the machine for $41,100 cash. O Answer is not complete. No Dato General Journal Debit Credit Jan 01 Accumulated depreciationMachine 94,400 O Loss on disposal of machine 31,900 O Vehicles 126,300 O Cash 17,000 O 2 Jan 01 94,400 14,900 O Accumulited idepreciationMachine Loss on disposal of machine 126,300 O 31,900 O 3 Jan 01 Cush 94,400 O Acalimulatid depreduti onManhine 126,300 O 41,100 O Jen 01 Cash 4 5 of 7 Next > Prev MacBook AirDiaz Company owns a machine that cost $126,300 and has accumulated depreciation of $91,700. 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 $17,000 cash. Diaz sold the machine for $34,600 cash. Diaz sold the machine for $41,200 cash. Note: Enter debits before credits. Date General Journal Debit Credit Jan 01iaz 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 eparate 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. View transaction list View journal entry worksheet No 1 2 Date January 01 January 01 General Journal No Transaction Recorded No Transaction Recorded Debit
- 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. Journal entry worksheet Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits. Date General Journal Debit Credit Jan 01 Journal entry worksheet Record the sale of the machine for $35,000 cash. Note: Enter debits before credits. Date General Journal Debit Credit Jan 01 Journal entry…Diaz Company owns a milling machine that cost $125,200 and has accumulated depreciation of $90,700. Prepare the entry to record the disposal of the milling machine on January 3 under each of the following independent situations. The machine needed extensive repairs, and it was not worth repairing. Diaz disposed of the machine, receiving nothing in return. Diaz sold the machine for $15,500 cash. Diaz sold the machine for $34,500 cash. Diaz sold the machine for $40,500 cash.Gaston owns equipment that cost $27,500 with accumulated depreciation of $22,000. Gaston sells the equipment for $5,000. Which of the following would not be part of the journal entry to record the disposal of the equipment? Multiple Choice Debit Accumulated Depreciation $22,000. Credit Equipment $27,500. Debit Loss on Disposal of Equipment $500. Credit Gain on Disposal of Equipment $500. Debit Cash $5,000.