Post Utme Covenant University 2019 Accounting Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2019 Accounting Objective / Multiple Choice
Question 27 POST_UTME_COVENANT_UNIVERSITY • 2019 • ACCOUNTING • objective

A company purchases a machine for ₦150,000 and depreciates it by 10% per annum. What is the value of the machine after 3 years?

Answer Options

Correct Answer A. ₦108,900
B. ₦121,500
C. ₦135,000
D. ₦147,900
Correct Answer
A
Correct Option:
₦108,900

About This Question

This is Post Utme Covenant University 2019 Accounting Question 27. It is one of the objective questions from the 2019 Post Utme Covenant University Accounting examination.

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