Post Utme Al Hikmah University 2019 Accounting Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2019 Accounting Objective / Multiple Choice
Question 4 POST_UTME_AL-HIKMAH_UNIVERSITY • 2019 • ACCOUNTING • objective

A company purchased a machine for ₦150,000. At the end of the first year, its value decreased by 15%. At the end of the second year, its value decreased by a further 10%. Calculate the total depreciation for the two years.

Answer Options

A. ₦22,500
B. ₦27,500
Correct Answer C. ₦32,500
D. ₦37,500
Correct Answer
C
Correct Option:
₦32,500

About This Question

This is Post Utme Al Hikmah University 2019 Accounting Question 4. It is one of the objective questions from the 2019 Post Utme Al Hikmah University Accounting examination.

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