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Darcy's Business Has Two Categories of Non-Current Asset: Machinery and Motor

Question 2

Multiple Choice

Darcy's business has two categories of non-current asset: machinery and motor cars.Capital is £117 060 at 30 April 20X4, current assets are £22 700, and long-term liabilities are £7000.There are no current liabilities.The machinery total is £76 760.What is the total for motor cars in Darcy's business balance sheet at 30 April 20X4?


A) Insufficient information provided
B) £56 000
C) £24 600
D) £101 360

Correct Answer:

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