Post Utme Uniben 2020 Accounting Question 20

Practice objective / multiple choice question 20 from the 2020 Post Utme Uniben Accounting examination.

Post Utme Uniben 2020 Accounting Objective / Multiple Choice
Question 20 POST_UTME_UNIBEN • 2020 • ACCOUNTING • objective

A company's assets are valued at ₦100,000. The depreciation rate is 10% per annum. What is the value of the asset after 2 years?

Answer Options

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

About This Question

This is Post Utme Uniben 2020 Accounting Question 20. It is one of the objective questions from the 2020 Post Utme Uniben Accounting examination.

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