A-LevelAccountingAccounting for non-current assets9706/12 · Feb/Mar 2016 · Q21 Mark
Why is depreciation provided on non-current assets?
Aso that the cost is allocated to periods that benefit from them
Bso that the entity concept is applied
Cso that there is enough cash in the business to replace them
Dso that they are shown at market value
✓ Correct answer
A: so that the cost is allocated to periods that benefit from them
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