Post Utme Osustech 2023 Accounting Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Osustech Accounting examination.

Post Utme Osustech 2023 Accounting Objective / Multiple Choice
Question 32 POST_UTME_OSUSTECH • 2023 • ACCOUNTING • objective

A company's trial balance shows the following accounts: Land (₦50,000), Buildings (₦200,000), Equipment (₦150,000), Accumulated Depreciation (₦30,000). Calculate the net book value of the company's assets.

Answer Options

Correct Answer A. ₦370,000
B. ₦420,000
C. ₦470,000
D. ₦520,000
Correct Answer
A
Correct Option:
₦370,000

About This Question

This is Post Utme Osustech 2023 Accounting Question 32. It is one of the objective questions from the 2023 Post Utme Osustech Accounting examination.

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