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Diaz Company owns a milling machine that cost $125,900 and has accumulated depreciation of $92,800. Prepare the entry to record the disposal of the milling machine on January 3 under each of the following independent situations.

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Millworks Company owns a milling machine that cost $125,000 and has accumulated depreciation of $91,000. Prepare the entry to record the disposal of the milling machine on January 5 under each of the following independent situations.

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E10-16 Millworks Company owns a milling machine that cost $125,000 and has accumulated depreciation of $91,000. Prepare the entry to record the disposal of the milling machine on January 5 under each of the following independent situations.

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Loss on disposal of milling machine 5‘ 33,3005” Milling machine " 125,100“ Jan 03 Accumulated depreciation—Milling machine "‘ 91,800 "‘ Cash _., 16,000 _., Loss on sale of milling machine f 17,300 T- Milling machine “ 125,100“ Jan 03 Accumulated depreciation—Milling machine ‘fl 91,800‘” Cash “ 33,300 ‘“ Milling ...

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