Post Utme Afe Babalola University 2022 Accounting Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2022 Accounting Objective / Multiple Choice
Question 13 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2022 • ACCOUNTING • objective

A company purchases a machine for ₦500,000 and depreciates it using the straight-line method over 5 years. Calculate the annual depreciation charge.

Answer Options

Correct Answer A. ₦100,000
B. ₦50,000
C. ₦75,000
D. ₦25,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Afe Babalola University 2022 Accounting Question 13. It is one of the objective questions from the 2022 Post Utme Afe Babalola University Accounting examination.

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