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A-LevelAccountingAccounting for non-current assets9706/12 · May/June 2025 · Q51 Mark

The financial statements were prepared using the following details. purchase cost of machinery (included $450 for repairs to the machinery) $16950 lighting and heating (included $250 for wiring in the factory extension) $1780 carriage inwards (included $45 for delivery of new machinery) $230 What will be the amount of the decrease in non-current assets when capital and revenue items are treated correctly (ignore depreciation)?

A$155
B$200
C$405
D$450

✓ Correct answer

A: $155

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About this question

Topic
Accounting for non-current assets, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, May/June 2025 Paper 1 Variant 2, question 5.

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