Post Utme Unilag 2019 Accounting Question 7

Practice objective / multiple choice question 7 from the 2019 Post Utme Unilag Accounting examination.

Post Utme Unilag 2019 Accounting Objective / Multiple Choice
Question 7 POST_UTME_UNILAG • 2019 • ACCOUNTING • objective

A company purchases a machine for ₦50,000 and depreciates it by 10% per annum. What is the value of the machine after 3 years?

Answer Options

A. ₦30,500
B. ₦31,500
Correct Answer C. ₦32,500
D. ₦33,500
Correct Answer
C
Correct Option:
₦32,500

About This Question

This is Post Utme Unilag 2019 Accounting Question 7. It is one of the objective questions from the 2019 Post Utme Unilag Accounting examination.

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