A-LevelAccountingNon-Current AssetsOct/Nov 2025Paper 1 Q51 Mark
Y Limited purchased a motor van and incurred the following expenditure at the beginning of the year. $ motor van 50 000 delivery of motor van 4500 upgrading the engine 6000 2-year maintenance contract 4000 annual licence fee 1200 The motor van is to be depreciated at 20% using the straight-line method. What is the total amount of expenses to be included in the statement of profit or loss for the year?
A$14340
B$15300
C$17300
D$20 100
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of non-current assets within the Accountingsyllabus. The examiner's mark scheme requires...
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Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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