Post Utme Bsu 2017 Accounting Question 28

Practice objective / multiple choice question 28 from the 2017 Post Utme Bsu Accounting examination.

Post Utme Bsu 2017 Accounting Objective / Multiple Choice
Question 28 POST_UTME_BSU • 2017 • ACCOUNTING • objective

A company uses the straight-line method to depreciate its assets. The asset has a cost of ₦50,000 and a useful life of 5 years. What is the annual depreciation?

Answer Options

A. ₦10,000
Correct Answer B. ₦12,500
C. ₦15,000
D. ₦20,000
Correct Answer
B
Correct Option:
₦12,500

About This Question

This is Post Utme Bsu 2017 Accounting Question 28. It is one of the objective questions from the 2017 Post Utme Bsu Accounting examination.

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