Post Utme Joseph Ayo Babalola University 2023 Accounting Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2023 Accounting Objective / Multiple Choice
Question 20 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2023 • ACCOUNTING • objective

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

Answer Options

Correct Answer A. ₦114,750
B. ₦127,500
C. ₦150,000
D. ₦162,750
Correct Answer
A
Correct Option:
₦114,750

About This Question

This is Post Utme Joseph Ayo Babalola University 2023 Accounting Question 20. It is one of the objective questions from the 2023 Post Utme Joseph Ayo Babalola University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support