Post Utme Unn 2017 Accounting Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Unn Accounting examination.

Post Utme Unn 2017 Accounting Objective / Multiple Choice
Question 34 POST_UTME_UNN • 2017 • ACCOUNTING • objective

A company purchased a building for ₦5,000,000. The company depreciated the building by 10% in the first year. Calculate the book value of the building at the end of the first year.

Answer Options

Correct Answer A. ₦4,500,000
B. ₦4,500,000
C. ₦4,500,000
D. ₦4,500,000
Correct Answer
A
Correct Option:
₦4,500,000

About This Question

This is Post Utme Unn 2017 Accounting Question 34. It is one of the objective questions from the 2017 Post Utme Unn Accounting examination.

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