Business, 30.12.2019 21:31, emilylunaa

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. a) the machine needed extensive repairs and was not worth repairing. b) diaz disposed of the machine, receiving nothing in return. c) diaz sold the machine for $35,000 cash. d) diaz sold the machine for $68,000 cash. e) diaz sold the machine for $80,000 cash.

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Diaz company owns a machine that cost $250,000 and has accumulated depreciation of $182,000. prepare...