Post Utme Achievers University 2025 Accounting Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2025 Accounting Objective / Multiple Choice
Question 12 POST_UTME_ACHIEVERS_UNIVERSITY • 2025 • ACCOUNTING • objective

A company uses the straight-line method of depreciation. If the cost of the asset is ₦200,000 and its residual value is ₦20,000, calculate the annual depreciation charge for the asset.

Answer Options

A. ₦10,000
B. ₦15,000
Correct Answer C. ₦20,000
D. ₦25,000
Correct Answer
C
Correct Option:
₦20,000

About This Question

This is Post Utme Achievers University 2025 Accounting Question 12. It is one of the objective questions from the 2025 Post Utme Achievers University Accounting examination.

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