Post Utme Bsu 2023 Accounting Question 18

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

Post Utme Bsu 2023 Accounting Objective / Multiple Choice
Question 18 POST_UTME_BSU • 2023 • ACCOUNTING • objective

A company purchases a machine for ₦500,000 and depreciates it by 10% per annum using the straight-line method. Calculate the carrying value of the machine after 3 years.

Answer Options

A. ₦350,000
B. ₦360,000
Correct Answer C. ₦370,000
D. ₦380,000
Correct Answer
C
Correct Option:
₦370,000

About This Question

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

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