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

Accounting for non-current assets — practice question

The details below refer to the disposal of a non-current asset: profit on disposal: $5200$ cost of non-current asset sold: $14400$ sales proceeds: $6800$ What amount of accumulated depreciation was recorded for the non-current asset that was sold?

  • A$1600$
  • B$2400$
  • C$7600$
  • D$12800$

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