IGCSE/GCSE/O & A Level/IB/University Student Forum

Student Forum => Help, Complaints and Suggestions. => Topic started by: Ambreen on September 17, 2009, 10:59:01 am

Title: help me urgently!
Post by: Ambreen on September 17, 2009, 10:59:01 am

i need mark scheme of paper june 2000 paper 1 and paper 2 accounts for SC! please help me out!


and who can reply to my question:

why do businesses need to show depreciation in their final accounts?

thank you

Title: Re: help me urgently!
Post by: Blizz_rb93 on September 25, 2009, 03:24:14 pm

Quote from: Ambreen on September 17, 2009, 10:59:01 am

i need mark scheme of paper june 2000 paper 1 and paper 2 accounts for SC! please help me out!


and who can reply to my question:

why do businesses need to show depreciation in their final accounts?

thank you

I think you can find that on freeexampapers :)

Title: Re: help me urgently!
Post by: astarmathsandphysics on September 25, 2009, 04:21:14 pm

They need to show depreciation cos an investment takes place over several years.

Title: Re: help me urgently!
Post by: Alpha on November 03, 2009, 03:49:33 am

To spread the cost of using the asset over its predicted lifetime... To record assets at their net book values. To be in line with the prudence concept (provide for all losses, and do not overstate profits).

This is a very popular Cambridge question.  ;)

Title: Re: help me urgently!
Post by: Sumaiya jackie on November 05, 2009, 07:20:49 am

depreciation should be included in all the businesses final accounts beacuse the business has to see at the end of the year the value of its assets and the worth of the business,, hope that helps ?