A-LevelAccountingNon-current Assets and DepreciationOct/Nov 2010Paper 1 Q31 Mark
Non current (fixed) assets of a company were: [Table showing start of year and end of year values for at cost, cumulative depreciation, net book value] During the year non current (fixed) assets costing $92 000 were purchased and non current (fixed) assets with a net book value of $16 000 were sold. What was the depreciation charge for the year?
A$22 000
B$23 000
C$53 000
D$69 000
✓ Correct Answer
The correct answer is C. 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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