The following information should be used to answer questions 6 to 9
A. SimonStatement of financial position as at 31 March 20Y0

-The book value of non-current assets is:

Question

The following information should be used to answer questions 6 to 9
A. SimonStatement of financial position as at 31 March 20Y0
   
-The book value of non-current assets is:

Quizplus · Accepted Answer

The book value of non-current assets is calculated by subtracting accumulated depreciation from the original cost of the assets. If the original cost of non-current assets is £17,000 and there's no information provided about accumulated depreciation or any adjustments, the book value remains at the original cost, which is £17,000.

The Following Information Should Be Used to Answer Questions 6