Post Utme Mountain Top University 2021 Accounting Question 3

Practice objective / multiple choice question 3 from the 2021 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2021 Accounting Objective / Multiple Choice
Question 3 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2021 • ACCOUNTING • objective

A company purchased a machine for ₦120,000 and depreciated it by 10% per annum. Calculate the book value of the machine after 3 years.

Answer Options

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

About This Question

This is Post Utme Mountain Top University 2021 Accounting Question 3. It is one of the objective questions from the 2021 Post Utme Mountain Top University Accounting examination.

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