Post Utme Bsu 2025 Accounting Question 15

Practice objective / multiple choice question 15 from the 2025 Post Utme Bsu Accounting examination.

Post Utme Bsu 2025 Accounting Objective / Multiple Choice
Question 15 POST_UTME_BSU • 2025 • ACCOUNTING • objective

A company purchased a machine for ₦500,000. The machine has a useful life of 5 years and a residual value of ₦50,000. Calculate the annual depreciation using the reducing balance method.

Answer Options

Correct Answer A. ₦80,000
B. ₦70,000
C. ₦60,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦80,000

About This Question

This is Post Utme Bsu 2025 Accounting Question 15. It is one of the objective questions from the 2025 Post Utme Bsu Accounting examination.

View More Post Utme Bsu 2025 Accounting Questions More Post Utme Bsu Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support