Post Utme Eksu 2019 Accounting Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Eksu Accounting examination.

Post Utme Eksu 2019 Accounting Objective / Multiple Choice
Question 25 POST_UTME_EKSU • 2019 • ACCOUNTING • objective

A company's accounting records show that the company purchased office equipment for ₦30,000. However, the company's trial balance shows a debit balance of ₦20,000 in the 'Office Equipment' account. Determine the correct amount of depreciation.

Answer Options

A. ₦5,000
B. ₦10,000
Correct Answer C. ₦15,000
D. ₦20,000
Correct Answer
C
Correct Option:
₦15,000

About This Question

This is Post Utme Eksu 2019 Accounting Question 25. It is one of the objective questions from the 2019 Post Utme Eksu Accounting examination.

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