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During the current year, Rayon Corporation disposed of two different assets. On January 1. prior...

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Accounting

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During the current year, Rayon Corporation disposed of two different assets. On January 1. prior to their disposal, the accounts reflected the following: The machines were disposed of in the following ways: a. Machine A. Sold on January 2, for $42.000 cash. 6. Machine B: On January 2 , this machine was scrapped with zero proceeds (and zero cost of removal). Requlred: 1.82. Prepore the journal entries related to the disposal of Machine A and Machine B on January 2 of the cutrent year. (If no sntry is required for a tronsectionievent, select "No Journal Entry Required" In the first occount fleld.) Journal entry worksheet Recerd the current year deprediation fer Machine A pricr to disposal

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