Post Utme Achievers University 2019 Accounting Question 23

Practice objective / multiple choice question 23 from the 2019 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2019 Accounting Objective / Multiple Choice
Question 23 POST_UTME_ACHIEVERS_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's assets are valued at ₦1,500,000. Depreciation is provided at 10% per annum on the cost of the assets. Calculate the amount of depreciation for the year.

Answer Options

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

About This Question

This is Post Utme Achievers University 2019 Accounting Question 23. It is one of the objective questions from the 2019 Post Utme Achievers University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support