Post Utme Noun 2021 Accounting Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Noun Accounting examination.

Post Utme Noun 2021 Accounting Objective / Multiple Choice
Question 15 POST_UTME_NOUN • 2021 • ACCOUNTING • objective

A company has a machine that depreciates by 10% per annum. The machine was purchased for ₦100,000. What is the value of the machine after 2 years?

Answer Options

A. ₦90,000
Correct Answer B. ₦80,000
C. ₦70,000
D. ₦60,000
Correct Answer
B
Correct Option:
₦80,000

About This Question

This is Post Utme Noun 2021 Accounting Question 15. It is one of the objective questions from the 2021 Post Utme Noun Accounting examination.

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