Post Utme Bsu 2024 Accounting Question 37

Practice objective / multiple choice question 37 from the 2024 Post Utme Bsu Accounting examination.

Post Utme Bsu 2024 Accounting Objective / Multiple Choice
Question 37 POST_UTME_BSU • 2024 • ACCOUNTING • objective

A company uses the straight-line method of depreciation. The cost of a machine is ₦120,000 and its useful life is 5 years. What is the annual depreciation charge?

Answer Options

Correct Answer A. ₦24,000
B. ₦20,000
C. ₦18,000
D. ₦22,000
Correct Answer
A
Correct Option:
₦24,000

About This Question

This is Post Utme Bsu 2024 Accounting Question 37. It is one of the objective questions from the 2024 Post Utme Bsu Accounting examination.

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