A-LevelAccountingAccounting for non-current assets9706/12 · Oct/Nov 2011 · Q171 Mark
Why is a provision for depreciation made in the financial statements?
Ato charge the cost of non-current assets against profits
Bto make a provision for repairs
Cto make cash available to replace non-current assets when necessary
Dto show the current market values of non-current assets
✓ Correct answer
A: to charge the cost of non-current assets against profits
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