What information is likely to appear on the face of the statement of financial position (balance sheet)

Question:

What information is likely to appear on the face of the statement of financial position (balance sheet) of this company?

(a) Cost and depreciation figures at the end of Year 2 for each category of tangible noncurrent (fixed) assets

(b) The total net book value figures of tangible non-current (fixed) assets at the end of Years 1 and 2

(c) The net book value figures at the end of Year 2 for each category of tangible noncurrent (fixed) assets

(d) The total cost figures of tangible non-current (fixed) assets at the end of Years 1 and 2


The following information is relevant for question.

Tangible non-current (fixed) asset information in the ‘notes to the account’ of a public limited company

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Financial Accounting

ISBN: 9781292244471

8th Edition

Authors: Pauline Weetman

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