Post Utme Madonna University 2017 Accounting Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2017 Accounting Objective / Multiple Choice
Question 25 POST_UTME_MADONNA_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has the following depreciation schedule: | Asset | Cost | Depreciation | Accumulated Depreciation | | --- | --- | --- | --- | | 1 | ₦100,000 | ₦20,000 | ₦10,000 | | 2 | ₦150,000 | ₦30,000 | ₦20,000 | | 3 | ₦200,000 | ₦40,000 | ₦30,000 | What is the total accumulated depreciation?

Answer Options

A. ₦80,000
B. ₦90,000
Correct Answer C. ₦100,000
D. ₦110,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Madonna University 2017 Accounting Question 25. It is one of the objective questions from the 2017 Post Utme Madonna University Accounting examination.

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