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

Accounting for non-current assets — practice question

What is the purpose of making a provision for depreciation?

  • Ato apply the matching principle
  • Bto calculate the true value of non-current assets
  • Cto ensure that money is available for repair of non-current assets
  • Dto provide cash in the business for replacement of non-current assets

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