Post Utme Elizade University 2024 Accounting Question 27

Practice objective / multiple choice question 27 from the 2024 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2024 Accounting Objective / Multiple Choice
Question 27 POST_UTME_ELIZADE_UNIVERSITY • 2024 • ACCOUNTING • objective

A company purchases a machine for ₦250,000 and depreciates it by 10% per annum. If the machine is depreciated for 5 years, what is the total depreciation?

Answer Options

A. ₦62,500
B. ₦75,000
Correct Answer C. ₦87,500
D. ₦100,000
Correct Answer
C
Correct Option:
₦87,500

About This Question

This is Post Utme Elizade University 2024 Accounting Question 27. It is one of the objective questions from the 2024 Post Utme Elizade University Accounting examination.

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