Post Utme Caleb University 2023 Accounting Question 39

Practice objective / multiple choice question 39 from the 2023 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2023 Accounting Objective / Multiple Choice
Question 39 POST_UTME_CALEB_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's depreciation policy is to depreciate its assets by 10% per annum. If the asset's original cost is ₦10,000, what is its value after 2 years?

Answer Options

Correct Answer A. ₦8,100
B. ₦8,200
C. ₦8,300
D. ₦8,400
Correct Answer
A
Correct Option:
₦8,100

About This Question

This is Post Utme Caleb University 2023 Accounting Question 39. It is one of the objective questions from the 2023 Post Utme Caleb University Accounting examination.

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