Post Utme Covenant University 2022 Accounting Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2022 Accounting Objective / Multiple Choice
Question 13 POST_UTME_COVENANT_UNIVERSITY • 2022 • ACCOUNTING • objective

A company purchased a machine for ₦200,000 and depreciated it by 10% per annum. Calculate the book value of the machine after 3 years.

Answer Options

A. ₦120,000
B. ₦140,000
Correct Answer C. ₦160,000
D. ₦180,000
Correct Answer
C
Correct Option:
₦160,000

About This Question

This is Post Utme Covenant University 2022 Accounting Question 13. It is one of the objective questions from the 2022 Post Utme Covenant University Accounting examination.

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