A-LevelAccountingAccounting for non-current assets9706/12 · Oct/Nov 2019 · Q31 Mark

The table gives information relating to the non-current assets of a business. $ net book value at the end of the year 25000 net book value at the beginning of the year 16000 depreciation charge for the year 5000 additions at cost during the year 22000 What is the net book value of disposals during the year?

A$8000

B$14000

C$18000

D$24000

✓ Correct answer

A: $8000

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Topic: Accounting for non-current assets, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2019 Paper 1 Variant 2, question 3.

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