Post Utme Futa 2017 Accounting Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Futa Accounting examination.

Post Utme Futa 2017 Accounting Objective / Multiple Choice
Question 15 POST_UTME_FUTA • 2017 • ACCOUNTING • objective

A company purchases a machine for ₦600,000 and depreciates it by 15% per annum. What is the value of the machine after 2 years?

Answer Options

Correct Answer A. ₦420,000
B. ₦450,000
C. ₦480,000
D. ₦510,000
Correct Answer
A
Correct Option:
₦420,000

About This Question

This is Post Utme Futa 2017 Accounting Question 15. It is one of the objective questions from the 2017 Post Utme Futa Accounting examination.

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