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Provide the journal entry to be made

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Problem 1: Baccaral Company is looking at disposing of a factory machine at the end of it's useful life to the company. The machine originally cost $48,500 and has an accumulated depreciation account that has built up to $45,300. Provide the journal entry to be made under each of the following scenarios:

a) The machine was simply disposed of, no cash received.
b) The machine was sold for $3,200
c) The machine was sold for $1,400
d) The machine was sold for $7,100

Reference no: EM132950814

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