Post Utme Babcock University 2023 Accounting Question 8

Practice objective / multiple choice question 8 from the 2023 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2023 Accounting Objective / Multiple Choice
Question 8 POST_UTME_BABCOCK_UNIVERSITY • 2023 • ACCOUNTING • objective

A company purchased a machine for ₦120,000 and sold it after 5 years for ₦180,000. Calculate the annual depreciation.

Answer Options

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

About This Question

This is Post Utme Babcock University 2023 Accounting Question 8. It is one of the objective questions from the 2023 Post Utme Babcock University Accounting examination.

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