Post Utme Bsu 2017 Accounting Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Bsu Accounting examination.

Post Utme Bsu 2017 Accounting Objective / Multiple Choice
Question 10 POST_UTME_BSU • 2017 • ACCOUNTING • objective

A company purchases a machine for ₦300,000 and depreciates it by 10% per annum using the reducing balance method. Calculate the book value of the machine after 2 years.

Answer Options

Correct Answer A. ₦216,000
B. ₦220,000
C. ₦224,000
D. ₦228,000
Correct Answer
A
Correct Option:
₦216,000

About This Question

This is Post Utme Bsu 2017 Accounting Question 10. It is one of the objective questions from the 2017 Post Utme Bsu Accounting examination.

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