A-LevelAccountingAccounting for non-current assets9706/12 · May/June 2014 · Q51 Mark
A non-current asset is depreciated due to passage of time. Which type of non-current asset is it?
Acomputer which has become out of date
Blease with a fixed life in terms of years
Cmachine which is subject to rust and breakdown
Dmine which loses value as coal is extracted
✓ Correct answer
B: lease with a fixed life in terms of years
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