Post Utme Joseph Ayo Babalola University 2019 Accounting Question 2

Practice objective / multiple choice question 2 from the 2019 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2019 Accounting Objective / Multiple Choice
Question 2 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has a machine that depreciates by 10% per year. If the initial cost of the machine is ₦500,000, what is the value of the machine after 3 years?

Answer Options

Correct Answer A. ₦350,000
B. ₦400,000
C. ₦450,000
D. ₦500,000
Correct Answer
A
Correct Option:
₦350,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2019 Accounting Question 2. It is one of the objective questions from the 2019 Post Utme Joseph Ayo Babalola University Accounting examination.

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