Post Utme Ksu 2019 Accounting Question 40

Practice objective / multiple choice question 40 from the 2019 Post Utme Ksu Accounting examination.

Post Utme Ksu 2019 Accounting Objective / Multiple Choice
Question 40 POST_UTME_KSU • 2019 • ACCOUNTING • objective

A company's financial statements show the following: | Asset | Cost | Accumulated Depreciation | Book Value | | --- | --- | --- | --- | | Machinery | 50,000 | 10,000 | 40,000 | | Building | 100,000 | 20,000 | 80,000 | What is the total book value of the assets?

Answer Options

A. ₦120,000
B. ₦140,000
Correct Answer C. ₦160,000
D. ₦180,000
Correct Answer
C
Correct Option:
₦160,000

About This Question

This is Post Utme Ksu 2019 Accounting Question 40. It is one of the objective questions from the 2019 Post Utme Ksu Accounting examination.

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