0452.4.2.03 — name and describe the straight-line, reducing balance and revaluation methods of depreciation: past paper questions
Real questions on 0452.4.2.03 — name and describe the straight-line, reducing balance and revaluation methods of depreciation
The newest 16 of 16 written questions. Open one to see it on the real paper.
- 0452/21 · May/June 2026 · Q4a[5]
Prepare the journal entry required to correct the depreciation charge. A narrative is required. Sally Journal date details debit $ credit $ Workings: Sally has now discovered the following further errors in her accounting records. 1 Rent expense paid of $620 had been debited to the rental income account. 2 The sales jo...
See it on the paper → - 0452/22 · October/November 2025 · Q3a[4]
Calculate the depreciation charge for each year of the recovery vehicle’s working life, assuming Ahmed replaces the recovery vehicle on 31 August 2025. Show your workings. $
See it on the paper → - 0452/22 · October/November 2025 · Q3b[2]
State one advantage and one disadvantage of the reducing balance method of depreciation. Advantage On 1 February 2025, a local dealer offered to buy the recovery vehicle from Ahmed for $35 000 cash. REQUIRED Disadvantage
See it on the paper → - 0452/23 · October/November 2024 · Q4c[5]
Advise the owner of the company whether he should pursue this course of action. Justify your answer by providing two advantages and two disadvantages of changing the method of depreciation to the reducing balance method.
See it on the paper → - 0452/22 · May/June 2024 · Q1c(i)[2]
Calculate the accumulated depreciation on the vehicle at 30 April 2024.
See it on the paper → - 0452/23 · May/June 2024 · Q1c(i)[2]
Calculate the accumulated depreciation on the vehicle at 30 April 2024.
See it on the paper → - 0452/23 · May/June 2024 · Q2a[9]
Prepare Toyah’s manufacturing account for the year ended 31 January 2024. Toyah Manufacturing Account for the year ended 31 January 2024 $ $
See it on the paper → - 0452/23 · October/November 2023 · Q2a[11]
Prepare Hilary’s manufacturing account for the year ended 31 July 2023. Hilary Manufacturing Account for the year ended 31 July 2023 $ $
See it on the paper → - 0452/12 · May/June 2022 · Q12[1]
Which statement about the reducing balance method of depreciation is not correct?
See it on the paper → - 0452/22 · May/June 2022 · Q4d[5]
Advise Nala whether or not she should change her depreciation method. Justify your answer.
See it on the paper → - 0452/22 · October/November 2021 · Q3a[10]
Prepare the manufacturing account of KA Limited for the year ended 31 July 2021.
See it on the paper → - 0452/22 · October/November 2021 · Q5b[1]
Advise Simon whether he should apply the reducing balance method of depreciation to his delivery vehicles.
See it on the paper → - 0452/21 · May/June 2021 · Q3c[5]
Advise the directors whether or not they should charge depreciation on these items. Justify your answer by providing two advantages and two disadvantages.
See it on the paper → - 0452/22 · February/March 2020 · Q2c(i)[1]
State the most appropriate method of depreciation for the new delivery vehicle.
See it on the paper → - 0452/22 · February/March 2020 · Q2c(ii)[3]
State three reasons for your answer to (c) (i). The directors of GHB Limited are planning to finance a major expansion of the fleet of delivery vehicles. $250 000 will be required for this expansion. The directors are considering whether to issue additional ordinary shares or to obtain a long-term bank loan. REQUIRED
See it on the paper → - 0452/22 · October/November 2019 · Q2b[1]
Name one other method of depreciation which Amelia could apply.
See it on the paper →
What examiners said
There was a subtle difference to this question and in some responses there was not an appreciation of this, possibly because there is always a need to read the question carefully. Many answers just described the methods of calculating the straight-line and reducing balance method of depreciation. Stronger answers would draw out the advantages and disadvantages of changing from reducing balance to...
— Examiner report, May/June 2022, 0452/22 Q4(d) (Cambridge)
The manufacturing account is a financial statement that has a well established format. It should be recognised by candidates with the same degree of importance as income statements and statements of financial position. However, many answers contained a poor layout and a lack of structure that defines the purpose of arriving at the total cost of goods manufactured. The most common errors were extr...
— Examiner report, October/November 2021, 0452/22 Q3(a) (Cambridge)
The remaining 5 marks were awarded for the consideration of whether Simon should change the method of charging depreciation from straight line to reducing balance for his business. Responses could be described as weak, with many answers concentrating on the resulting value in the event of a sale of a vehicle and which method would give the most profit to the business owner. Emphasis needed to be p...
— Examiner report, October/November 2021, 0452/22 Q5(b) (Cambridge)
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