Post Utme Ims U 2020 Accounting Question 40

Practice objective / multiple choice question 40 from the 2020 Post Utme Ims U Accounting examination.

Post Utme Ims U 2020 Accounting Objective / Multiple Choice
Question 40 POST_UTME_IMS_U • 2020 • ACCOUNTING • objective

A company purchased a machine for ₦150,000. The machine depreciates by 15% per annum. Calculate the value of the machine after 2 years.

Answer Options

Correct Answer A. ₦114,750
B. ₦115,500
C. ₦116,250
D. ₦117,000
Correct Answer
A
Correct Option:
₦114,750

About This Question

This is Post Utme Ims U 2020 Accounting Question 40. It is one of the objective questions from the 2020 Post Utme Ims U Accounting examination.

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