Post Utme Achievers University 2018 Accounting Question 31

Practice objective / multiple choice question 31 from the 2018 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2018 Accounting Objective / Multiple Choice
Question 31 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • ACCOUNTING • objective

A company uses the straight-line method to depreciate its assets. The asset cost ₦1,500,000 and has a useful life of 5 years. Calculate the annual depreciation charge.

Answer Options

Correct Answer A. ₦300,000
B. ₦200,000
C. ₦250,000
D. ₦150,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Achievers University 2018 Accounting Question 31. It is one of the objective questions from the 2018 Post Utme Achievers University Accounting examination.

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