Post Utme Ui 2017 Accounting Question 13

Practice objective / multiple choice question 13 from the 2017 Post Utme Ui Accounting examination.

Post Utme Ui 2017 Accounting Objective / Multiple Choice
Question 13 POST_UTME_UI • 2017 • ACCOUNTING • objective

A company's assets are valued at ₦100,000. If the company depreciates its assets by 10% per annum, what is the value of the assets after 2 years?

Answer Options

A. ₦90,000
B. ₦80,000
Correct Answer C. ₦70,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦70,000

About This Question

This is Post Utme Ui 2017 Accounting Question 13. It is one of the objective questions from the 2017 Post Utme Ui Accounting examination.

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