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Amman Trading Company. purchased equipment for JD 284,000 which was estimated to have a useful life of 9 years with a residual value of 5.000

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Amman Trading Company. purchased equipment for JD 284,000 which was estimated to have a useful life of 9 years with a residual value of 5.000 at the end of that time. Depreciation has been recorded for 5 years on a straight-line basis. In 2020 (year 6), it is determined that the total estimated life should be 13 years with a residual value of 5,000 at the end of that time. After recording the required entries for Amman Trading company, answer the following questions 1- The accumulated depreciation on 31/12/2019 equals A- 125,000 B. 270,000 C. 155.000 D. None of the above 2. The net book value on 31 12 2019 equal 3- The depreciable base for the year 2020 equals: A- 124.000 B- 120.000 C- 150,000 D- None of the above V 4. The journal depreciation entry for 2020 and future years is

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