Post Utme Al Hikmah University 2023 Accounting Question 16

Practice objective / multiple choice question 16 from the 2023 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2023 Accounting Objective / Multiple Choice
Question 16 POST_UTME_AL-HIKMAH_UNIVERSITY • 2023 • ACCOUNTING • objective

A company purchased a machine for ₦ 150,000. It was sold after 3 years for ₦ 100,000. Calculate the annual depreciation.

Answer Options

A. ₦ 10,000
B. ₦ 12,000
Correct Answer C. ₦ 15,000
D. ₦ 18,000
Correct Answer
C
Correct Option:
₦ 15,000

About This Question

This is Post Utme Al Hikmah University 2023 Accounting Question 16. It is one of the objective questions from the 2023 Post Utme Al Hikmah University Accounting examination.

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