Edexcel IGCSEAccountingGeneral Applications2 Marks
The following balances were extracted from the books of Ben on 31 March 2020. Premises (at cost) \200 000 Accumulated depreciation – Premises 20 000 Furniture and fittings (at cost) \30 000 Accumulated depreciation – Furniture and fittings 12 000 (a) Define non-current assets.
- (a)Define non-current assets.[2]
Mark scheme
Marking points from the official mark scheme. The mark or mark type is shown in brackets.
- B1 for assets (1)
- B1 for held for use/for generation of income (1) (not for resale) (1)
- B1 for expected to last more than one year/accounting period (1)
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