A-LevelAccountingAccounting for non-current assets9706/12 · Oct/Nov 2016 · Q31 Mark

The following information was available for the disposal of a machine. $ accumulated depreciation 45000 profit on disposal 8100 sale proceeds 75600 What was the original cost of the machine?

A$22500

B$38700

C$112500

D$128700

✓ Correct answer

C: $112500

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Topic: Accounting for non-current assets, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2016 Paper 1 Variant 2, question 3.

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