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On January 1 2017 Rolling Hills Country Club purchased a new riding mower for £18000 The mower is expected to have an 8-year life with

On January 1, 2017, Rolling Hills Country Club purchased a new riding mower for £18,000. The mower is expected to have an 8-year life with a £2,000 residual value. What journal entry would Rolling Hills make at December 31, 2017, if it uses straight-line depreciation?

Apr 24 2020 View more View Less

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