What is the net book value of land and buildings at the end of Year 1 and
Question:
What is the net book value of land and buildings at the end of Year 1 and Year 2?
(a) Year 1 £131m; Year 2 £51m
(b) Year 1 £131m; Year 2 £137m
(c) Year 1 £80m; Year 2 £90m
(d) Year 1 £84m; Year 2 £86m
The following information is relevant for question.
Tangible non-current (fixed) asset information in the ‘notes to the account’ of a public limited company
Transcribed Image Text:
Cost At start of year, 1.1. Year 2 Additions Disposals At end of year, 31.12. Year 2 Depreciation At start of year, 1.1. Year 2 Disposals Charge for year At end of year, 31.12.Year 2 Net book value, 31.12. Year 2 Net book value, 31.12.Year 1 Land and buildings m 131 8 (2) 137 47 (1) 5 51 ? ? Plant and equipment m 613 56 (12) 657 314 (10) 48 352 305 299 Total m 744 64 (14) 794 361 (11) 53 403 391 383
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d Cost At start of year 11 Year 2 Additions Disposals At end of year 3112 ...View the full answer
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