What journal entry would Whispering Winds make on December

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Question - On January 1, 2022, Whispering Winds Country Club purchased a new riding mower for $30,000. The mower is expected to have a 5-year life with a $3,000 salvage value.

Required - What journal entry would Whispering Winds make on December 31, 2022, if it uses straight-line depreciation?

Reference no: EM132787788

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