Post Utme Al Hikmah University 2020 Accounting Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2020 Accounting Objective / Multiple Choice
Question 33 POST_UTME_AL-HIKMAH_UNIVERSITY • 2020 • ACCOUNTING • objective

A company purchased a machine for 10,000 and depreciated it by 10% per year. If the machine was sold after 3 years, what is the total amount of depreciation?

Answer Options

A. ₦3,000
B. ₦4,000
Correct Answer C. ₦5,000
D. ₦6,000
Correct Answer
C
Correct Option:
₦5,000

About This Question

This is Post Utme Al Hikmah University 2020 Accounting Question 33. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Accounting examination.

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