Post Utme Bells University 2021 Accounting Question 30

Practice objective / multiple choice question 30 from the 2021 Post Utme Bells University Accounting examination.

Post Utme Bells University 2021 Accounting Objective / Multiple Choice
Question 30 POST_UTME_BELLS_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's assets are valued at ₦100,000. The company's management wants to depreciate the assets using the straight-line method. What is the annual depreciation charge?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Bells University 2021 Accounting Question 30. It is one of the objective questions from the 2021 Post Utme Bells University Accounting examination.

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