Use the following information to answer this question. Acquisition cost of computers - Le 80,000...

WAEC 2016

Use the following information to answer this question.

Acquisition cost of computers - Le 80,000
Installation cost - Le 20,000
Estimated residual value - Le 4,000
Estimated useful life - 5 years.

The total costs of the computers is

A. Le 80,000
B. Le 96,000
C. Le 100,000
D. Le 104,000

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Correct Answer: Option C

Explanation

80,000 + 20,000 = 100,000

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Use the following information to answer this question. Acquisition cost of computers - Le 80,000...

Correct Answer: Option C

Explanation

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