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In 2021, Hebron Corporation discovered that equipment purchased on January 1,2019, for JD 80,000 was expensed at that time. The equipment should have been depreciated

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In 2021, Hebron Corporation discovered that equipment purchased on January 1,2019, for JD 80,000 was expensed at that time. The equipment should have been depreciated over 5 years, with no residual value. The income tax rate is 25 %. Instruction: Prepare journal entry to correct the error

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