Post Utme Babcock University 2018 Accounting Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2018 Accounting Objective / Multiple Choice
Question 27 POST_UTME_BABCOCK_UNIVERSITY • 2018 • ACCOUNTING • objective

A company uses the straight-line method of depreciation. The cost of a machine is ₦500,000 and its useful life is 5 years. What is the annual depreciation charge?

Answer Options

Correct Answer A. ₦100,000
B. ₦80,000
C. ₦60,000
D. ₦40,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Babcock University 2018 Accounting Question 27. It is one of the objective questions from the 2018 Post Utme Babcock University Accounting examination.

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