Post Utme Al Hikmah University 2021 Accounting Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2021 Accounting Objective / Multiple Choice
Question 25 POST_UTME_AL-HIKMAH_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has a machine with a cost of ₦300,000 and a useful life of 5 years. The company uses the straight-line method of depreciation. What is the annual depreciation charge?

Answer Options

A. ₦60,000
B. ₦70,000
C. ₦80,000
D. ₦90,000
Correct Answer
N/A

About This Question

This is Post Utme Al Hikmah University 2021 Accounting Question 25. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Accounting examination.

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