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red boxes need answer On January 1,2022, Ayayai Country Club purchased...

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Accounting

red boxes need answer
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On January 1,2022, Ayayai Country Club purchased a new riding mower for $14,000. The mower is expected to have an 5 -year life with a $2,000 salvage value. What journal entry would Ayayai make at December 31, 2022, if it uses straight-line depreciation? (List all debit entries before credit entries. Credit occount titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)

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