Post Utme Noun 2021 Accounting Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Noun Accounting examination.

Post Utme Noun 2021 Accounting Objective / Multiple Choice
Question 18 POST_UTME_NOUN • 2021 • ACCOUNTING • objective

A company's assets are valued at ₦1,000,000. The company depreciates its assets by 10% per annum. What is the value of the assets after 2 years?

Answer Options

A. ₦900,000
B. ₦800,000
Correct Answer C. ₦720,000
D. ₦640,000
Correct Answer
C
Correct Option:
₦720,000

About This Question

This is Post Utme Noun 2021 Accounting Question 18. It is one of the objective questions from the 2021 Post Utme Noun Accounting examination.

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