Post Utme Afe Babalola University 2020 Accounting Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2020 Accounting Objective / Multiple Choice
Question 33 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's assets are valued at ₦100,000,000. If the company depreciates its assets by 10% per annum, calculate the value of the assets after 2 years.

Answer Options

Correct Answer A. ₦90,000,000
B. ₦80,000,000
C. ₦70,000,000
D. ₦60,000,000
Correct Answer
A
Correct Option:
₦90,000,000

About This Question

This is Post Utme Afe Babalola University 2020 Accounting Question 33. It is one of the objective questions from the 2020 Post Utme Afe Babalola University Accounting examination.

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