Post Utme Eksu 2017 Accounting Question 6

Practice objective / multiple choice question 6 from the 2017 Post Utme Eksu Accounting examination.

Post Utme Eksu 2017 Accounting Objective / Multiple Choice
Question 6 POST_UTME_EKSU • 2017 • ACCOUNTING • objective

Determine the amount of depreciation for a machine that cost ₦150,000 and has a useful life of 5 years, using the straight-line method. The machine is currently in its 3rd year of use.

Answer Options

A. ₦30,000
Correct Answer B. ₦45,000
C. ₦60,000
D. ₦75,000
Correct Answer
B
Correct Option:
₦45,000

About This Question

This is Post Utme Eksu 2017 Accounting Question 6. It is one of the objective questions from the 2017 Post Utme Eksu Accounting examination.

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