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Machinery costing $123,000 with zero salvage value is no longer useful to the company and has...

Machinery costing $123,000 with zero salvage value is no longer useful to the company and has no market value. If the machinery has been fully depreciated at the time of disposal, the entry to record the disposal would be:

Cash 123,000
Machinery 123,000
Machinery 123,000
Accumulated Depreciation - Machinery 123,000
Accumulated Depreciation - Machinery 123,000
Depreciation Expense 123,000
Accumulated Depreciation - Machinery 123,000
Machinery 123,000
Depreciation Expense 123,000
Machinery 123,000
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