Earnst and Young company purchased a machine on 1st January 2015 for RO 20,000 and the rate of the depreciation is 15%.p.a under straight-line method. Replacement cost of the machine on 31st December 2017 was RO 23,000 and on 31st December 2018 was RO 25,000 The value of trade receivables at the beginning amounted to RO 100,000 and the value of trade receivables at the end amounted to RO 115,000 and the value of trade payables at the beginning amounted to RO 50,000 and the value of trade payables at the end amounted to RO 60,000. You are required to calculate the total depreciation adjustment for 2018. The index at the beginning is 100, closing index is 132 and the average index is 120 The value of closing monetary working capital is a. RO 30,000 O b. RO 50,000 O c. RO 100,000 O d. RO 55000 The total depreciation adjustment for Earnst and Young company is a. RO 2200 b. All the options are incorrect O c. RO 3000 d. RO 5500 The value of Monetary working capital adjustment is a. None of the options are right O b. RO 20000 O c. RO 10,500 d. RO 15000