Post Utme Bowen University 2025 Accounting Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2025 Accounting Objective / Multiple Choice
Question 20 POST_UTME_BOWEN_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's assets are valued as follows: Land ₦200,000, Buildings ₦300,000, Machinery ₦400,000. If the company's assets are depreciated by 10% per annum, what is the value of the assets after 2 years?

Answer Options

A. ₦1,120,000
B. ₦1,200,000
Correct Answer C. ₦1,280,000
D. ₦1,360,000
Correct Answer
C
Correct Option:
₦1,280,000

About This Question

This is Post Utme Bowen University 2025 Accounting Question 20. It is one of the objective questions from the 2025 Post Utme Bowen University Accounting examination.

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