Accounting Multiple Choice Question – 1 March 2022

The following information relates to the disposal of a non-current asset.

• profit on disposal – £5 200
• cost of non-current asset sold – £14 400
• sales proceeds – £6 800

What was the accumulated depreciation on the non-current asset sold?

Select ONE answer:

1. £1,600
2. £2,400
3. £7,600
4. £12,800

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 4

1. Not correct
2. Not correct
3. Not correct
4. Correct ==> £14,400 + £5,200 – £6,800

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