A-LevelAccountingAccounting for non-current assets9706/12 · Feb/Mar 2025 · 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
C: in 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
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