Post Utme Joseph Ayo Babalola University 2019 Accounting Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2019 Accounting Objective / Multiple Choice
Question 14 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2019 • ACCOUNTING • objective

A company purchases a machine for ₦120,000 and depreciates it by 10% per annum. What is the value of the machine after 3 years?

Answer Options

Correct Answer A. ₦90,000
B. ₦100,000
C. ₦110,000
D. ₦120,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2019 Accounting Question 14. It is one of the objective questions from the 2019 Post Utme Joseph Ayo Babalola University Accounting examination.

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