Post Utme Madonna University 2025 Accounting Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2025 Accounting Objective / Multiple Choice
Question 29 POST_UTME_MADONNA_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has the following information: Depreciation Expense ₦10,000, Equipment ₦50,000, Accumulated Depreciation ₦20,000. Calculate the net book value of the equipment.

Answer Options

A. ₦30,000
B. ₦40,000
Correct Answer C. ₦50,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦50,000

About This Question

This is Post Utme Madonna University 2025 Accounting Question 29. It is one of the objective questions from the 2025 Post Utme Madonna University Accounting examination.

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