Post Utme Futo 2025 Accounting Question 36

Practice objective / multiple choice question 36 from the 2025 Post Utme Futo Accounting examination.

Post Utme Futo 2025 Accounting Objective / Multiple Choice
Question 36 POST_UTME_FUTO • 2025 • ACCOUNTING • objective

A company's assets are valued as follows: Land ₦50,000, Building ₦100,000, and Equipment ₦20,000. If the company depreciates the assets by 10% per annum, what will be the total value of the assets after 2 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 Futo 2025 Accounting Question 36. It is one of the objective questions from the 2025 Post Utme Futo Accounting examination.

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