A-LevelAccountingNon-Current Assets and DepreciationOct/Nov 2013Paper 1 Q51 Mark
The table shows extracts from the statements of financial position of a business. 2011 $ 2012 $ non-current assets (at cost) 190000 245000 less accumulated depreciation 75000 90000 115000 155000 Other information for the financial year 2012 is as follows. $ depreciation charged 40000 new non-current assets purchased (at cost) 105000 loss on sale of non-current assets 10000 Which amount was received from the sales of the non-current assets?
A$15000
B$25000
C$30000
D$35000
✓ Correct Answer
The correct answer is A. 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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