KASNEB CPA Foundation Level (Kenya) · Financial Accounting

Disposal of non-current assets

6 practice questions, each with the answer and an explanation.

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Random questions from this topic, one at a time. You see the answer and the explanation straight after each one.

All 6 questions

  1. A vehicle that cost KSh 800,000, with accumulated depreciation of KSh 500,000, was sold for KSh 250,000. What was the result of the disposal?
  2. A vehicle that cost KSh 600,000, with accumulated depreciation of KSh 360,000, was sold for KSh 200,000. What was the result of the disposal?
  3. A vehicle that cost KSh 1,200,000, with accumulated depreciation of KSh 900,000, was sold for KSh 400,000. What was the result of the disposal?
  4. A vehicle that cost KSh 450,000, with accumulated depreciation of KSh 270,000, was sold for KSh 150,000. What was the result of the disposal?
  5. A vehicle that cost KSh 900,000, with accumulated depreciation of KSh 450,000, was sold for KSh 520,000. What was the result of the disposal?
  6. A vehicle that cost KSh 300,000, with accumulated depreciation of KSh 240,000, was sold for KSh 80,000. What was the result of the disposal?

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