Post Utme Afe Babalola University 2025 Accounting Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2025 Accounting Objective / Multiple Choice
Question 28 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2025 • ACCOUNTING • objective

A company uses the straight-line method to depreciate its assets. If the asset's cost is ₦50,000 and its useful life is 5 years, what is the annual depreciation expense?

Answer Options

A. ₦10,000
Correct Answer B. ₦12,500
C. ₦15,000
D. ₦20,000
Correct Answer
B
Correct Option:
₦12,500

About This Question

This is Post Utme Afe Babalola University 2025 Accounting Question 28. It is one of the objective questions from the 2025 Post Utme Afe Babalola University Accounting examination.

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