Post Utme Ksu 2018 Accounting Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Ksu Accounting examination.

Post Utme Ksu 2018 Accounting Objective / Multiple Choice
Question 35 POST_UTME_KSU • 2018 • ACCOUNTING • objective

A company purchased a machine for ₦300,000 and depreciated it by 15% per annum. Calculate the book value of the machine after 2 years.

Answer Options

A. ₦210,000
Correct Answer B. ₦240,000
C. ₦270,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦240,000

About This Question

This is Post Utme Ksu 2018 Accounting Question 35. It is one of the objective questions from the 2018 Post Utme Ksu Accounting examination.

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