Post Utme Unilorin 2022 Accounting Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2022 Accounting Objective / Multiple Choice
Question 13 POST_UTME_UNILORIN • 2022 • ACCOUNTING • objective

A public sector organization has the following assets: | Asset | Cost | Accumulated Depreciation | | --- | --- | --- | | Building | 1,000,000 | 200,000 | | Machinery | 500,000 | 100,000 | | Vehicles | 200,000 | 50,000 | What is the total carrying value of the assets?

Answer Options

Correct Answer A. 1,400,000
B. 1,500,000
C. 1,600,000
D. 1,700,000
Correct Answer
A
Correct Option:
1,400,000

About This Question

This is Post Utme Unilorin 2022 Accounting Question 13. It is one of the objective questions from the 2022 Post Utme Unilorin Accounting examination.

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