Post Utme Unilorin 2025 Accounting Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2025 Accounting Objective / Multiple Choice
Question 3 POST_UTME_UNILORIN • 2025 • ACCOUNTING • objective

A company purchases a machine for ₦500,000 and depreciates it by 10% per annum. What is the value of the machine after 3 years?

Answer Options

A. ₦300,000
B. ₦350,000
C. ₦400,000
Correct Answer D. ₦450,000
Correct Answer
D
Correct Option:
₦450,000

About This Question

This is Post Utme Unilorin 2025 Accounting Question 3. It is one of the objective questions from the 2025 Post Utme Unilorin Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support