Post Utme Mountain Top University 2020 Accounting Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2020 Accounting Objective / Multiple Choice
Question 28 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2020 • ACCOUNTING • objective

A company purchases a machine for ₦500,000 and depreciates it by 10% per annum. Calculate the book value of the machine after 3 years.

Answer Options

A. ₦300,000
B. ₦350,000
C. ₦400,000
Correct Answer D. ₦450,000
Correct Answer
D
Correct Option:
₦450,000

About This Question

This is Post Utme Mountain Top University 2020 Accounting Question 28. It is one of the objective questions from the 2020 Post Utme Mountain Top University Accounting examination.

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