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

Accounting for non-current assets — practice question

The table below gives details of a business’s non-current assets: net book value at beginning of year: $28000 net book value at end of year: $25000 depreciation charge for the year: $4000 disposals at net book value: $9000 Calculate the cost of the additions in the year.

  • A$2000
  • B$6000
  • C$10000
  • D$16000

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