Post Utme Bowen University 2017 Accounting Question 9

Practice objective / multiple choice question 9 from the 2017 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2017 Accounting Objective / Multiple Choice
Question 9 POST_UTME_BOWEN_UNIVERSITY • 2017 • ACCOUNTING • objective

A company purchased a machine for ₦2,000,000. The machine depreciates at 15% per annum. Calculate the value of the machine after 2 years.

Answer Options

Correct Answer A. ₦1,600,000
B. ₦1,800,000
C. ₦2,000,000
D. ₦2,400,000
Correct Answer
A
Correct Option:
₦1,600,000

About This Question

This is Post Utme Bowen University 2017 Accounting Question 9. It is one of the objective questions from the 2017 Post Utme Bowen University Accounting examination.

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