Post Utme Bells University 2023 Accounting Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Bells University Accounting examination.

Post Utme Bells University 2023 Accounting Objective / Multiple Choice
Question 24 POST_UTME_BELLS_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's assets are valued at ₦10,000, ₦20,000, and ₦30,000 respectively. The company uses the straight-line method of depreciation. What is the annual depreciation charge?

Answer Options

A. ₦10,000
B. ₦15,000
Correct Answer C. ₦20,000
D. ₦25,000
Correct Answer
C
Correct Option:
₦20,000

About This Question

This is Post Utme Bells University 2023 Accounting Question 24. It is one of the objective questions from the 2023 Post Utme Bells University Accounting examination.

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