Post Utme Babcock University 2020 Accounting Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2020 Accounting Objective / Multiple Choice
Question 27 POST_UTME_BABCOCK_UNIVERSITY • 2020 • ACCOUNTING • objective

A company purchases a machine for ₦200,000 and depreciates it using the straight-line method over a period of 5 years. What is the annual depreciation charge?

Answer Options

Correct Answer A. ₦40,000
B. ₦50,000
C. ₦60,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦40,000

About This Question

This is Post Utme Babcock University 2020 Accounting Question 27. It is one of the objective questions from the 2020 Post Utme Babcock University Accounting examination.

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