Post Utme Al Hikmah University 2024 Accounting Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2024 Accounting Objective / Multiple Choice
Question 9 POST_UTME_AL-HIKMAH_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's assets are valued at ₦100,000. The company depreciates its assets by 10% per annum. What is the value of the company's assets after 2 years?

Answer Options

A. ₦90,000
Correct Answer B. ₦80,000
C. ₦70,000
D. ₦60,000
Correct Answer
B
Correct Option:
₦80,000

About This Question

This is Post Utme Al Hikmah University 2024 Accounting Question 9. It is one of the objective questions from the 2024 Post Utme Al Hikmah University Accounting examination.

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