Post Utme Al Hikmah University 2021 Accounting Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2021 Accounting Objective / Multiple Choice
Question 20 POST_UTME_AL-HIKMAH_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has a building with a cost of ₦1,000,000 and a useful life of 10 years. The company uses the straight-line method of depreciation. What is the annual depreciation charge?

Answer Options

Correct Answer A. ₦100,000
B. ₦120,000
C. ₦150,000
D. ₦180,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Al Hikmah University 2021 Accounting Question 20. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Accounting examination.

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