(a)[2]
State two causes of depreciation in the value of non-current assets.
(b)[8]
Prepare the following accounts for the year ended 30 June 2023. Use the space provided to show your workings.
(c)[2]
Calculate the profit or loss made when the delivery vehicle sold on 1 November 2022 was disposed of.
(d)[3]
Explain why it may be more suitable to depreciate motor vehicles using the reducing balance method rather than the straight-line method.