Post Utme Delsu 2024 Accounting Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Delsu Accounting examination.

Post Utme Delsu 2024 Accounting Objective / Multiple Choice
Question 9 POST_UTME_DELSU • 2024 • ACCOUNTING • objective

A company's assets are valued as follows: Buildings ₦200,000, Machinery ₦150,000, and Vehicles ₦100,000. The company uses the straight-line method of depreciation. Calculate the amount of depreciation for the year.

Answer Options

A. ₦20,000
B. ₦30,000
Correct Answer C. ₦40,000
D. ₦50,000
Correct Answer
C
Correct Option:
₦40,000

About This Question

This is Post Utme Delsu 2024 Accounting Question 9. It is one of the objective questions from the 2024 Post Utme Delsu Accounting examination.

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