menu
search notifications more_vert
close
close
You need to login or register to view notifications regarding quiz and discussions you participate in. You have seen all your notifications. You may click here to see all read notifications.
close
account_boxLogin queueRegister restoreForgot Password

question_answer Discussion Board for a Question on Quiz: Accounting (WAEC 2000)

50 Questions · Public · Objective · Quiz suitable for all ages

10 Click Here To Discuss Question

A motor vehicle bought for N16,000 was estimated to have a useful life span of 4 years and a scrap of N2,000. If the vehicle is sold for N6,000 at the end of third year, what is the profit or loss on sale?

Select 1 Option (1 Mks)
  • N1,000 profit
  • N500 profit
  • N500 loss
  • N1,000 loss
You must be signed in to join discussions