Post Utme Caleb University 2023 Accounting Question 3

Practice objective / multiple choice question 3 from the 2023 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2023 Accounting Objective / Multiple Choice
Question 3 POST_UTME_CALEB_UNIVERSITY • 2023 • ACCOUNTING • objective

A company purchases a machine for ₦120,000 and depreciates it by 10% per annum. What is the book value of the machine after 2 years?

Answer Options

A. ₦90,000
Correct Answer B. ₦108,000
C. ₦120,000
D. ₦132,000
Correct Answer
B
Correct Option:
₦108,000

About This Question

This is Post Utme Caleb University 2023 Accounting Question 3. It is one of the objective questions from the 2023 Post Utme Caleb University Accounting examination.

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