Post Utme Caleb University 2020 Accounting Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2020 Accounting Objective / Multiple Choice
Question 12 POST_UTME_CALEB_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's assets were valued at ₦100,000 in 2018. If the value of the assets increased by 20% in 2019, what is the value of the assets in 2019?

Answer Options

Correct Answer A. ₦120,000
B. ₦120,000
C. ₦120,000
D. ₦120,000
Correct Answer
A
Correct Option:
₦120,000

About This Question

This is Post Utme Caleb University 2020 Accounting Question 12. It is one of the objective questions from the 2020 Post Utme Caleb University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support