A-LevelAccountingNon-Current AssetsOct/Nov 2016Paper 1 Q21 Mark

A disposal account is used to record the sale of a non-current asset. Which transactions are recorded on the credit side of the disposal account?

Q: What topic does this question test?

This question tests Non-Current Assets in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

Acost, loss on disposal and sale proceeds

Bcost, profit on disposal and sale proceeds

Cdepreciation, loss on disposal and sale proceeds

Ddepreciation, profit on disposal and sale proceeds

✓ Correct Answer

The correct answer is C: depreciation, loss on disposal and sale proceeds

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Accounting Question

Topic

This multiple-choice question tests Non-Current Assets in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Accounting Oct/Nov 2016 examination, Paper 1 Variant 2.

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