Post Utme Bowen University 2017 Accounting Question 39

Practice objective / multiple choice question 39 from the 2017 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2017 Accounting Objective / Multiple Choice
Question 39 POST_UTME_BOWEN_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's depreciation policy is to depreciate its assets by 10% per annum. If the company's asset is valued at ₦100,000, calculate the depreciation for the first year.

Answer Options

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

About This Question

This is Post Utme Bowen University 2017 Accounting Question 39. It is one of the objective questions from the 2017 Post Utme Bowen University Accounting examination.

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