A-LevelAccountingNon-Current Assets and DepreciationFeb/Mar 2016Paper 1 Q31 Mark
The following information relates to the disposal of a non-current asset. $ profit on disposal 5200 cost of non-current asset sold 14400 sales proceeds 6800 What was the accumulated depreciation on the non-current asset sold?
A$1600
B$2400
C$7600
D$12800
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of non-current assets and depreciation 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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