Post Utme Delsu 2018 Accounting Question 21

Practice objective / multiple choice question 21 from the 2018 Post Utme Delsu Accounting examination.

Post Utme Delsu 2018 Accounting Objective / Multiple Choice
Question 21 POST_UTME_DELSU • 2018 • ACCOUNTING • objective

A company purchases a machine for ₦120,000 and depreciates it by 20% at the end of each year. Calculate the book value of the machine after 3 years.

Answer Options

A. ₦96,000
B. ₦80,000
Correct Answer C. ₦64,000
D. ₦48,000
Correct Answer
C
Correct Option:
₦64,000

About This Question

This is Post Utme Delsu 2018 Accounting Question 21. It is one of the objective questions from the 2018 Post Utme Delsu Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support