Post Utme Pan Atlantic University 2022 Accounting Question 16

Practice objective / multiple choice question 16 from the 2022 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2022 Accounting Objective / Multiple Choice
Question 16 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2022 • ACCOUNTING • objective

A company purchased a machine for ₦ 60,000 and depreciated it by 15% per annum. Calculate the book value of the machine after 2 years.

Answer Options

A. ₦ 36,000
B. ₦ 40,000
Correct Answer C. ₦ 45,000
D. ₦ 50,000
Correct Answer
C
Correct Option:
₦ 45,000

About This Question

This is Post Utme Pan Atlantic University 2022 Accounting Question 16. It is one of the objective questions from the 2022 Post Utme Pan Atlantic University Accounting examination.

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