Post Utme Igbinedion University 2017 Accounting Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2017 Accounting Objective / Multiple Choice
Question 18 POST_UTME_IGBINEDION_UNIVERSITY • 2017 • ACCOUNTING • objective

A company purchases a machine for ₦200,000 and depreciates it by 10% per annum. Calculate the book value of the machine after 3 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 Igbinedion University 2017 Accounting Question 18. It is one of the objective questions from the 2017 Post Utme Igbinedion University Accounting examination.

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