Post Utme Bowen University 2018 Accounting Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2018 Accounting Objective / Multiple Choice
Question 33 POST_UTME_BOWEN_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's assets include a building with a carrying value of ₦1,000,000 and a useful life of 10 years. The company uses the straight-line method of depreciation. What is the annual depreciation expense?

Answer Options

A. ₦100,000
Correct Answer B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Bowen University 2018 Accounting Question 33. It is one of the objective questions from the 2018 Post Utme Bowen University Accounting examination.

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