Post Utme Crawford University 2022 Accounting Question 17

Practice objective / multiple choice question 17 from the 2022 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2022 Accounting Objective / Multiple Choice
Question 17 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • ACCOUNTING • objective

A company purchases a machine for ₦50,000 and depreciates it by 10% per annum. What is the book value of the machine after 3 years?

Answer Options

A. ₦25,000
B. ₦30,000
Correct Answer C. ₦35,000
D. ₦40,000
Correct Answer
C
Correct Option:
₦35,000

About This Question

This is Post Utme Crawford University 2022 Accounting Question 17. It is one of the objective questions from the 2022 Post Utme Crawford University Accounting examination.

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