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n January 1, 2014, Wolf Creek Country Club purchased a new riding mower for $15,000. The mower is expected to have a10-year life with a
n January 1, 2014, Wolf Creek Country Club purchased a new riding mower for $15,000. The mower is expected to have a10-year life with a $1,000salvage value.
What journal entry would Wolf Creek make on December 31, 2014, if it uses straight-line depreciation?(Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Account Titles and Explanation | Debit | Credit |
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