Post Utme Redeemers University 2019 Accounting Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2019 Accounting Objective / Multiple Choice
Question 15 POST_UTME_REDEEMERS_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's depreciation policy is to depreciate its assets by 10% per annum. If the asset's original value is ₦100,000, calculate the asset's value after 2 years.

Answer Options

Correct Answer A. ₦72,000
B. ₦80,000
C. ₦90,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦72,000

About This Question

This is Post Utme Redeemers University 2019 Accounting Question 15. It is one of the objective questions from the 2019 Post Utme Redeemers University Accounting examination.

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