Post Utme Al Hikmah University 2019 Accounting Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2019 Accounting Objective / Multiple Choice
Question 10 POST_UTME_AL-HIKMAH_UNIVERSITY • 2019 • ACCOUNTING • objective

A company purchases a machine for ₦300,000 and depreciates it by 15% per annum. Calculate the value of the machine after 2 years.

Answer Options

Correct Answer A. ₦204,000
B. ₦220,000
C. ₦240,000
D. ₦260,000
Correct Answer
A
Correct Option:
₦204,000

About This Question

This is Post Utme Al Hikmah University 2019 Accounting Question 10. It is one of the objective questions from the 2019 Post Utme Al Hikmah University Accounting examination.

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