Post Utme Crawford University 2017 Accounting Question 26

Practice objective / multiple choice question 26 from the 2017 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2017 Accounting Objective / Multiple Choice
Question 26 POST_UTME_CRAWFORD_UNIVERSITY • 2017 • ACCOUNTING • objective

Determine the amount of depreciation on a machine that cost ₦120,000 and has a useful life of 5 years. The machine is depreciated using the straight-line method.

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 Crawford University 2017 Accounting Question 26. It is one of the objective questions from the 2017 Post Utme Crawford University Accounting examination.

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