Use the information below to answer the question that follows,
A machine bought for N35,000 was estimated to have a life span of 5years with a scrap value of N9,000.
A. N11,000
B. N7,000
C. N4,000
D. N24,000
Correct Answer:
Option C – N4,000
Use the information below to answer the question that follows,
A machine bought for N35,000 was estimated to have a life span of 5years with a scrap value of N9,000.
A. N11,000
B. N7,000
C. N4,000
D. N24,000
Correct Answer:
Option C – N4,000
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