Post Utme Bowen University 2022 Accounting Question 20

Practice objective / multiple choice question 20 from the 2022 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2022 Accounting Objective / Multiple Choice
Question 20 POST_UTME_BOWEN_UNIVERSITY • 2022 • ACCOUNTING • objective

A company purchases a machine for ₦50,000 and depreciates it by 10% per annum. What is the value of the machine after 2 years?

Answer Options

A. ₦40,000
Correct Answer B. ₦45,000
C. ₦50,000
D. ₦55,000
Correct Answer
B
Correct Option:
₦45,000

About This Question

This is Post Utme Bowen University 2022 Accounting Question 20. It is one of the objective questions from the 2022 Post Utme Bowen University Accounting examination.

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