Post Utme Crawford University 2022 Accounting Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2022 Accounting Objective / Multiple Choice
Question 19 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • ACCOUNTING • objective

A company purchases a machine for ₦50,000 and depreciates it by 10% per annum. What is the annual depreciation charge?

Answer Options

A. ₦5,000
Correct Answer B. ₦5,500
C. ₦6,000
D. ₦6,500
Correct Answer
B
Correct Option:
₦5,500

About This Question

This is Post Utme Crawford University 2022 Accounting Question 19. It is one of the objective questions from the 2022 Post Utme Crawford University Accounting examination.

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