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Click here to exit full screen mode. Question 19 of 22 3 Points Part 2: Question : 1 question(s) Ambition Entertainment (AE) has a financial
Click here to exit full screen mode. Question 19 of 22 3 Points Part 2: Question : 1 question(s) Ambition Entertainment (AE) has a financial year-end of 30 November. AE owns a vehicle which was purchased on 1 July 2017 for R300 000 cash. The vehicle has an estimated useful life of 6 years after which it will be sold for an estimated R45 000. straight-line method of depreciation Part 3: Question 1 question(s) 1 question(s) Part 4: Question 4 On 30 November 2020, which set of trial balances is correct with respect to the vehicle? A. Pre-adjustment Post-adjustment Post-closing TB TB TB PPE: Vehicles 300 000 300 000 154 792 Accumulated 102 708 145 208 145 208 depreciation: vehicles Depreciation expense 0 42 500 42 500 1 question(s) Part 5: Question 1 question(s) Part 6: Question B. 1 question(s) Part 7: Question Pre-adjustment TB 300 000 Post-adjustment TB 197 292 Post-closing TB 154 792 1 question(s) Part 8: Question 8 PPE: Vehicles Accumulated depreciation: vehicles Depreciation expense 102 708 42 500 0 107 708 42 500 0 0 Part 9: Question 1 question(s) OC. 1 question(s) Part 10: Question 10 Pre-adjustment TB 300 000 Post-adjustment TB 300 000 Post-closing TB 300 000 1 question(s) PPE: Vehicles Accumulated depreciation: vehicles Depreciation expense 102 708 145 208 145 208 Part 11: Question 11 0 42 500 0 question(s) Part 12 Question 12 D. 1 question(s) Pre-adjustment TB 300 000 Post-adjustment TB 215 000 Post-closing TB 172 500 Part 13: Question 13 1 question(s) PPE: Vehicles Accumulated depreciation: vehicles Depreciation expense 85 000 42 500 0 Part 14: Question 14 42 500 42 500 0 0 1 question(s) Part 15: Question 15 OE. 1 question(s) Pre-adjustment TB 300 000 Post-adjustment TB 300 000 Post-closing TB 300 000 Part 16: Question 16 PPE: Vehicles Accumulated depreciation: vehicles Depreciation expense 85 000 1 question(s) 127 500 127 500 Part 17: Question 17 0 42 500 0 1 question(s) Part 18: Question 18 Reset Selection
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