Business
Business, 07.11.2019 00:31, babyphoraaaaa

Prepare journal entries to record the machineā€™s disposal under each separate situation:
(a) it is sold for $24,500 cash;
(b) it is sold for $98,000 cash; and
(c) it is destroyed in a fire and the insurance company pays $35,000 cash to settle the loss claim.

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Answers: 3

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Prepare journal entries to record the machineā€™s disposal under each separate situation:
(a)...

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