Post Utme Aaua 2017 Accounting Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Aaua Accounting examination.

Post Utme Aaua 2017 Accounting Objective / Multiple Choice
Question 19 POST_UTME_AAUA • 2017 • ACCOUNTING • objective

A company uses the straight-line method of depreciation. The cost of a machine is ₦250,000 and its useful life is 5 years. Calculate the annual depreciation charge.

Answer Options

Correct Answer A. ₦50,000
B. ₦40,000
C. ₦30,000
D. ₦20,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Aaua 2017 Accounting Question 19. It is one of the objective questions from the 2017 Post Utme Aaua Accounting examination.

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