Post Utme Mountain Top University 2022 Accounting Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2022 Accounting Objective / Multiple Choice
Question 10 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2022 • ACCOUNTING • objective

A company purchases a machine for ₦120,000 and depreciates it by 10% per annum. Calculate the book value of the machine after 2 years.

Answer Options

Correct Answer A. ₦105,600
B. ₦108,000
C. ₦110,400
D. ₦112,800
Correct Answer
A
Correct Option:
₦105,600

About This Question

This is Post Utme Mountain Top University 2022 Accounting Question 10. It is one of the objective questions from the 2022 Post Utme Mountain Top University Accounting examination.

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