◈ Oracle PrepSign Up Free
A-LevelAccountingAccounting for non-current assets9706/12 · Feb/Mar 2016 · 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

D: $12800

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Accounting for non-current assets and see which topics are most likely to come up next.

Sign up free →

About this question

Topic
Accounting for non-current assets, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Feb/Mar 2016 Paper 1 Variant 2, question 3.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Accounting questions

Accounting for non-current assetsFeb/Mar 20201m

A business has a year end of 31 December. It purchased a motor vehicle on 1 January 2017 for $15000. The motor vehicl…

Accounting for non-current assetsFeb/Mar 20211m

Which item is not included as part of the capital cost of a new machine?

Accounting for non-current assetsFeb/Mar 20211m

Why does a business charge depreciation on its non-current assets?

Traditional costing methodsFeb/Mar 20231m

A job cost sheet showed the following estimates. $ materials 680 labour at $20 per hour 200 overheads at $10 per la…

Traditional costing methodsFeb/Mar 20231m

What is the most suitable basis to apportion power costs between two production centres?

Traditional costing methodsFeb/Mar 20231m

A manufacturing business makes a single type of product. It has two production departments, machining and assembly. A…

← Browse all past-paper questions

© 2026 Oracle Prep