Post Utme Joseph Ayo Babalola University 2025 Accounting Question 38

Practice objective / multiple choice question 38 from the 2025 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2025 Accounting Objective / Multiple Choice
Question 38 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's machinery was valued at ₦ 10,000 at the beginning of the year. During the year, it was depreciated by 10% on the reducing balance method. Calculate the value of the machinery at the end of the year.

Answer Options

A. ₦ 9,000
Correct Answer B. ₦ 8,100
C. ₦ 7,200
D. ₦ 6,300
Correct Answer
B
Correct Option:
₦ 8,100

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Accounting Question 38. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Accounting examination.

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