Post Utme Redeemers University 2017 Accounting Question 16

Practice objective / multiple choice question 16 from the 2017 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2017 Accounting Objective / Multiple Choice
Question 16 POST_UTME_REDEEMERS_UNIVERSITY • 2017 • ACCOUNTING • objective

Determine the amount of goodwill to be written off in the year ended 31st December 2018, given that the goodwill account was valued at ₦120,000 at the beginning of the year and ₦90,000 at the end of the year.

Answer Options

Correct Answer A. ₦30,000
B. ₦20,000
C. ₦10,000
D. ₦5,000
Correct Answer
A
Correct Option:
₦30,000

About This Question

This is Post Utme Redeemers University 2017 Accounting Question 16. It is one of the objective questions from the 2017 Post Utme Redeemers University Accounting examination.

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