Post Utme Al Hikmah University 2021 Accounting Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2021 Accounting Objective / Multiple Choice

Question 15 POST_UTME_AL-HIKMAH_UNIVERSITY • 2021 • ACCOUNTING • objective

A company purchases a machine for ₦1,000,000 and depreciates it by 10% per annum. What is the book value of the machine after 3 years?

Answer Options

Correct Answer A. ₦720,000

B. ₦810,000

C. ₦900,000

D. ₦990,000

Correct Answer

Correct Option:

₦720,000

About This Question

This is Post Utme Al Hikmah University 2021 Accounting Question 15. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Accounting examination.

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