Post Utme Rhema University 2025 Accounting Question 36

Practice objective / multiple choice question 36 from the 2025 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2025 Accounting Objective / Multiple Choice
Question 36 POST_UTME_RHEMA_UNIVERSITY • 2025 • ACCOUNTING • objective

A company purchases a machine for ₦500,000 and depreciates it by 10% per annum. Calculate the book value of the machine after 3 years.

Answer Options

A. ₦300,000
Correct Answer B. ₦320,000
C. ₦350,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦320,000

About This Question

This is Post Utme Rhema University 2025 Accounting Question 36. It is one of the objective questions from the 2025 Post Utme Rhema University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support