Post Utme Futa 2017 Accounting Question 11

Practice objective / multiple choice question 11 from the 2017 Post Utme Futa Accounting examination.

Post Utme Futa 2017 Accounting Objective / Multiple Choice
Question 11 POST_UTME_FUTA • 2017 • ACCOUNTING • objective

A company purchases a machine for ₦500,000 and depreciates it by 10% per annum. What is the value of the machine after 3 years?

Answer Options

Correct Answer A. ₦300,000
B. ₦350,000
C. ₦400,000
D. ₦450,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Futa 2017 Accounting Question 11. It is one of the objective questions from the 2017 Post Utme Futa Accounting examination.

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