Post Utme Ksu 2018 Accounting Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Ksu Accounting examination.

Post Utme Ksu 2018 Accounting Objective / Multiple Choice
Question 18 POST_UTME_KSU • 2018 • ACCOUNTING • objective

A company's depreciation policy is to depreciate its assets by 10% per annum using the straight-line method. If the asset's original value is ₦100,000, calculate the asset's value after 5 years.

Answer Options

A. ₦50,000
B. ₦60,000
C. ₦70,000
Correct Answer D. ₦80,000
Correct Answer
D
Correct Option:
₦80,000

About This Question

This is Post Utme Ksu 2018 Accounting Question 18. It is one of the objective questions from the 2018 Post Utme Ksu Accounting examination.

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