Post Utme Aaua 2021 Accounting Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Aaua Accounting examination.

Post Utme Aaua 2021 Accounting Objective / Multiple Choice
Question 27 POST_UTME_AAUA • 2021 • ACCOUNTING • objective

A company has the following asset valuation: Asset: ₦500,000 Accumulated Depreciation: ₦200,000 What is the net book value of the asset?

Answer Options

A. ₦300,000
B. ₦400,000
Correct Answer C. ₦500,000
D. ₦600,000
Correct Answer
C
Correct Option:
₦500,000

About This Question

This is Post Utme Aaua 2021 Accounting Question 27. It is one of the objective questions from the 2021 Post Utme Aaua Accounting examination.

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