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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.

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Diaz Company owns a milling machine that cost $250,000 and has accumulated depreciation of $182,000 Prepare the entry to record the disposal of the milling.

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Millworks Company owns a milling machine that cost $126,700 and has accumulated depreciation of $90,800 Prepare the entry to record the disposal of the milling machine on January 5 under each of the following independent situations.

Question #: Assets_Depreciation_Six Questions

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The machine needed extensive repairs, and it was not 1 Answer to Millworks Company owns a milling machine that cost $125,000 and has accumulated depreciation of $91,000.

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Exercise 10-16 Disposal of assets LO P2 Millworks Company owns a milling machine that cost $127,000 and has accumulated depreciation of $93,100 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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Assets_Depreciation_Six Questions

Saturn Co purchases a used machine for $288,000 cash on January 2 and readies it for use the next day at an $8,000 cost , Millworks Company owns a milling machine.

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Millwork’s 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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Allocate the total cost among the three purchased assets , Millworks Company owns a milling machine that cost $126,700 and has accumulated depreciation of $90,800.

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