Post Utme Igbinedion University 2017 Accounting Question 20

Practice objective / multiple choice question 20 from the 2017 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2017 Accounting Objective / Multiple Choice
Question 20 POST_UTME_IGBINEDION_UNIVERSITY • 2017 • ACCOUNTING • objective

A company purchases a building for ₦1,000,000 and depreciates it by 5% per annum. Calculate the book value of the building after 2 years.

Answer Options

A. ₦950,000
B. ₦960,000
Correct Answer C. ₦970,000
D. ₦980,000
Correct Answer
C
Correct Option:
₦970,000

About This Question

This is Post Utme Igbinedion University 2017 Accounting Question 20. It is one of the objective questions from the 2017 Post Utme Igbinedion University Accounting examination.

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