Post Utme Christopher University 2019 Accounting Question 18

Practice objective / multiple choice question 18 from the 2019 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2019 Accounting Objective / Multiple Choice
Question 18 POST_UTME_CHRISTOPHER_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's assets are valued at ₦100,000. The company depreciates its assets by 10% each year. What is the value of the company's assets after 5 years?

Answer Options

Correct Answer A. ₦61,610
B. ₦63,210
C. ₦65,810
D. ₦68,410
Correct Answer
A
Correct Option:
₦61,610

About This Question

This is Post Utme Christopher University 2019 Accounting Question 18. It is one of the objective questions from the 2019 Post Utme Christopher University Accounting examination.

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