Post Utme Al Hikmah University 2018 Accounting Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2018 Accounting Objective / Multiple Choice
Question 24 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's depreciation policy is to depreciate its assets by 10% per annum. If the asset was valued at ₦100,000 at the beginning of the year, what will be its value at the end of the year?

Answer Options

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

About This Question

This is Post Utme Al Hikmah University 2018 Accounting Question 24. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Accounting examination.

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