Post Utme Afe Babalola University 2021 Accounting Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2021 Accounting Objective / Multiple Choice
Question 23 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2021 • ACCOUNTING • objective

A company purchases a machine for ₦500,000 and depreciates it by 10% per annum. Calculate the value of the machine after 3 years.

Answer Options

A. ₦3,15,000
Correct Answer B. ₦3,25,000
C. ₦3,35,000
D. ₦3,45,000
Correct Answer
B
Correct Option:
₦3,25,000

About This Question

This is Post Utme Afe Babalola University 2021 Accounting Question 23. It is one of the objective questions from the 2021 Post Utme Afe Babalola University Accounting examination.

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