Post Utme Aaua 2020 Accounting Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Aaua Accounting examination.

Post Utme Aaua 2020 Accounting Objective / Multiple Choice
Question 28 POST_UTME_AAUA • 2020 • ACCOUNTING • objective

A company purchased a machine for ₦ 50,000 and depreciated it by 10% per annum using the straight-line method. Calculate the machine's value after 3 years.

Answer Options

Correct Answer A. ₦ 30,000
B. ₦ 40,000
C. ₦ 50,000
D. ₦ 60,000
Correct Answer
A
Correct Option:
₦ 30,000

About This Question

This is Post Utme Aaua 2020 Accounting Question 28. It is one of the objective questions from the 2020 Post Utme Aaua Accounting examination.

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