A-LevelAccountingDepreciation and Disposal of Non-Current AssetsFeb/Mar 2025Paper 1 Q61 Mark
Leandro has owned a delivery van for some years and has depreciated it each year. How should he record the provision for depreciation?
Ain the general journal: accumulated depreciation, in the statement of financial position: accumulated depreciation, in the statement of profit or loss: charge for the year
Bin the general journal: accumulated depreciation, in the statement of financial position: charge for the year, in the statement of profit or loss: accumulated depreciation
Cin the general journal: charge for the year, in the statement of financial position: accumulated depreciation, in the statement of profit or loss: charge for the year
Din the general journal: charge for the year, in the statement of financial position: charge for the year, in the statement of profit or loss: accumulated depreciation
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of depreciation and disposal of non-current assets within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
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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