Post Utme Babcock University 2023 Accounting Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2023 Accounting Objective / Multiple Choice
Question 18 POST_UTME_BABCOCK_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's balance sheet shows a fixed asset of ₦700,000 and a depreciation of ₦175,000. What is the carrying value of the fixed asset?

Answer Options

Correct Answer A. ₦525,000
B. ₦700,000
C. ₦825,000
D. ₦925,000
Correct Answer
A
Correct Option:
₦525,000

About This Question

This is Post Utme Babcock University 2023 Accounting Question 18. It is one of the objective questions from the 2023 Post Utme Babcock University Accounting examination.

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