Post Utme Caleb University 2021 Accounting Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2021 Accounting Objective / Multiple Choice
Question 34 POST_UTME_CALEB_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's depreciation policy is to depreciate its assets by 10% per annum. If the asset's original cost is ₦10000, what is the asset's value after 2 years?

Answer Options

A. ₦7200
B. ₦8000
Correct Answer C. ₦8400
D. ₦9000
Correct Answer
C
Correct Option:
₦8400

About This Question

This is Post Utme Caleb University 2021 Accounting Question 34. It is one of the objective questions from the 2021 Post Utme Caleb University Accounting examination.

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