Post Utme Coal City University 2022 Accounting Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2022 Accounting Objective / Multiple Choice
Question 39 POST_UTME_COAL_CITY_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's assets depreciated by 10% in value over the year. If the original value of the asset was ₦100,000, what is the current value?

Answer Options

A. ₦90,000
Correct Answer B. ₦80,000
C. ₦70,000
D. ₦60,000
Correct Answer
B
Correct Option:
₦80,000

About This Question

This is Post Utme Coal City University 2022 Accounting Question 39. It is one of the objective questions from the 2022 Post Utme Coal City University Accounting examination.

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