Post Utme Elizade University 2025 Accounting Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2025 Accounting Objective / Multiple Choice
Question 13 POST_UTME_ELIZADE_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's assets are depreciated using the straight-line method. If the asset's cost is ₦500,000 and its useful life is 5 years, what is the annual depreciation?

Answer Options

Correct Answer A. ₦100,000
B. ₦80,000
C. ₦60,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Elizade University 2025 Accounting Question 13. It is one of the objective questions from the 2025 Post Utme Elizade University Accounting examination.

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