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Cambridge AS & A Level Accounting

1.3Accounting for non-current assets

Accounting for non-current assets in Cambridge AS & A Level Accounting: what the syllabus expects you to know, the learning objectives and how to practise.
Topic91 practice questions4 lessons

In this topic

Lessons

  • Capital and revenue expenditure and income

    45 min

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  • Depreciation: causes, methods and accounting entries

    45 min

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  • Disposal of non-current assets: profit, loss and part-exchange

    45 min

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  • Non-current asset valuation: IAS 16, cost model and revaluation model

    45 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Accounting for non-current assets: sample question

1 mark

Legal fees paid when a business buys a shop building should be:

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