Post Utme Afe Babalola University 2021 Accounting Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2021 Accounting Objective / Multiple Choice
Question 20 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's assets are valued at ₦100,000. If the company's assets depreciate by 10% in a year, what is the new value of the assets?

Answer Options

Correct Answer A. ₦90,000
B. ₦95,000
C. ₦99,000
D. ₦105,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Afe Babalola University 2021 Accounting Question 20. It is one of the objective questions from the 2021 Post Utme Afe Babalola University Accounting examination.

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