Post Utme Achievers University 2025 Accounting Question 23

Practice objective / multiple choice question 23 from the 2025 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2025 Accounting Objective / Multiple Choice
Question 23 POST_UTME_ACHIEVERS_UNIVERSITY • 2025 • ACCOUNTING • objective

A company uses the straight-line method of depreciation. The cost of a machine is ₦50,000 and its useful life is 5 years. Calculate the annual depreciation charge.

Answer Options

Correct Answer A. ₦10,000
B. ₦5,000
C. ₦15,000
D. ₦20,000
Correct Answer
A
Correct Option:
₦10,000

About This Question

This is Post Utme Achievers University 2025 Accounting Question 23. It is one of the objective questions from the 2025 Post Utme Achievers University Accounting examination.

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