AdmitMe
Accounts (Principles of Accounts) · Depreciation of non-current assets

Accounts (Principles of Accounts)Depreciation of non-current assetsWAEC

An asset bought for ₦30,000 has accumulated depreciation of ₦12,000. Its net book value is

Show answer

Answer: D. ₦18,000

30,000 − 12,000.

An AdmitMe practice question, written for the WAEC syllabus. Not an official past question.

Practise Depreciation of non-current assetsA timed set on this topic, freeAsk the AI TutorExplain it another way

Discussion

Ask about a step, share a shortcut, or explain it your way. Be kind; no links.

No comments yet. Be the first to explain it.

More Depreciation of non-current assets questions