record the current year depreciation for Machine A prior to disposal

er 9 Homework 0 Ly Company disposed of two different assets. On January 1, prior to their disposal, the accounts reflec (straight-line) $23,928 (4 years) 51,700 (11 years) Val Machine A Hachine 8 $34,4,169 years 78,2094,4 14 years The machines were disposed of in the following ways: Prim a Machine A: Sold on January 1 for $10,400 cash b Machine B: On January 1, this machine suffered irreparable damage from an accident and was remov company at no cost. Required: 1. & 2. Prepare the journal entries related to the disposal of Machine A and B at the beginning of the cur required for a trensection/event, select "No Journal Entry Required" in the first occount field.) View trensaction list Prey 2015 Next > here to search