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Bought PPE for 800,000 on Jan 1, 2019. The salvage value of 100,000 was omitted when computing straight line from 2019 to 2020. The error

Bought PPE for 800,000 on Jan 1, 2019. The salvage value of 100,000 was omitted when computing straight line from 2019 to 2020. The error was discovered on July 1,2021. Useful life of 5 years. Depreciation is recorded annualyally. Account showed deficit of 26,000 on December 31 2020.

Partial Statement of Retained Earnings to show error needed

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