Post Utme Ui 2022 Accounting Question 30

Practice objective / multiple choice question 30 from the 2022 Post Utme Ui Accounting examination.

Post Utme Ui 2022 Accounting Objective / Multiple Choice
Question 30 POST_UTME_UI • 2022 • ACCOUNTING • objective

A company purchased a machine for ₦150,000 and sold it for ₦120,000. Calculate the loss on the sale of the machine.

Answer Options

A. ₦10,000
B. ₦20,000
Correct Answer C. ₦30,000
D. ₦40,000
Correct Answer
C
Correct Option:
₦30,000

About This Question

This is Post Utme Ui 2022 Accounting Question 30. It is one of the objective questions from the 2022 Post Utme Ui Accounting examination.

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