Post Utme Mountain Top University 2022 Accounting Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2022 Accounting Objective / Multiple Choice
Question 7 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 3 years.

Answer Options

Correct Answer A. ₦80,400
B. ₦84,000
C. ₦88,800
D. ₦92,400
Correct Answer
A
Correct Option:
₦80,400

About This Question

This is Post Utme Mountain Top University 2022 Accounting Question 7. It is one of the objective questions from the 2022 Post Utme Mountain Top University Accounting examination.

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