Paper 1 May/June 2003 Accounting (9706/12) A Level
CIE
AS & A Level
Accounting (9706)
شهریور
2003
شامل مباحث:
AS Level
تعداد سوالات: 30
سطح دشواری:
متوسط
شروع:
آزاد
پایان:
آزاد
مدت پاسخگویی:
60 دقیقه
پیش نمایش صفحه اول فایل
Arefe Naderlouei
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3 بهمن 1401
A company had a non-current asset which cost $\$ 370000$. The asset had a 10-year useful life and
an estimated residual value of $\$ 20000$. A full year’s charge for depreciation is made in every year
of use.
After four years the asset was sold. The loss on disposal was $\$ 30000$ and disposal costs were $\$ 10000$.
What were the sale proceeds?
