Post Utme Al Hikmah University 2023 Accounting Question 37

Practice objective / multiple choice question 37 from the 2023 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2023 Accounting Objective / Multiple Choice
Question 37 POST_UTME_AL-HIKMAH_UNIVERSITY • 2023 • ACCOUNTING • objective

A company purchases a machine for ₦800,000 and depreciates it by 15% per annum. What is the value of the machine after 2 years?

Answer Options

A. ₦560,000
B. ₦640,000
Correct Answer C. ₦720,000
D. ₦800,000
Correct Answer
C
Correct Option:
₦720,000

About This Question

This is Post Utme Al Hikmah University 2023 Accounting Question 37. It is one of the objective questions from the 2023 Post Utme Al Hikmah University Accounting examination.

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