Cambridge IGCSE Accounting
4.2Accounting for depreciation and disposal of non-current assets
Accounting for depreciation and disposal of non-current assets in Cambridge IGCSE Accounting: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic57 practice questions3 lessons
Learning objectives
What the syllabus expects you to be able to do.
- 4.2.1Explain the meaning of and need for depreciation.
- 4.2.2Calculate depreciation by the straight-line, reducing-balance and revaluation methods and choose a suitable method.
- 4.2.3Prepare journal entries and ledger accounts for depreciation and for the purchase and sale of non-current assets.
- 4.2.4Calculate the profit or loss on disposal.
Lessons
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Depreciation: causes and methods
35 min
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Disposal of non-current assets
40 min
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Recording depreciation in the ledger
35 min
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Sample question
A sample question on this topic. Answer it, check it, then read the worked answer.
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