This is accounting 511 assignment 1 questions I need assistance with please.

Question 10 Not yet answered Marked out of 1.00 Question text What is the purpose of charging depreciation? Select one: C a. To allocate the cost of a non-current asset over the accounting periods expected to benefit from its use. b. To reduce the cost of a non-current asset in the statement of financial position. c. To comply with the prudence concept. C d. To ensure that funds are available for the eventual replacement of the non-current asset.Question 16 Not yet answered Marked out of 1.00 Question text Sangro Lid (Pty) incurred interest expense of R35 000 during the 2016 accounting period. At the end of its 2016 accounting period accrued expenses, relating to interest expense, increased by R7000. The cash payment for the interest during the 2016 accounting was Select one: a. R35 000 b. R42 000 C. R7 000 d. R28 000Question 23 Not yet answered Marked out of 1,00 Question text The following balances appeared in financial records of Ceaser Traders at the end of its financial year: Cash and Cash Equivalent R1 100 Trade Payables R2 500 Mortgage liability R8 000 Land and Building (Carrying amount) R16 000 Using the information provided by Ceaser Traders, what is the capital balance? Select one: a. R20 400 b. R16 000 C. R10 500 d. R6 600Question 22 Not yet answered Marked out of 1.00 Question text At the beginning of the year 2016, the balance on Toni's capital account was R35 869. During the year Toni made drawings of R17 800 and the net profit for the year was R18 700. Assuming these were the only transactions Toni entered into in 2016, what is the balance on his capital account at the end of the 2016? Select one: C a. R34 969 b. R54 569 C. R36 769 d. R18 069