Accounting 9706 · AS & A Level · Accounting for non-current assets

Accounting for non-current assets — practice question

For what reason is depreciation charged on non-current assets?

  • Aso that the cost is allocated to periods that benefit from them
  • Bso that the entity concept is applied
  • Cso that there is enough cash in the business to replace them
  • Dso that they are shown at market value

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