Post Utme Esut 2017 Accounting Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Esut Accounting examination.

Post Utme Esut 2017 Accounting Objective / Multiple Choice
Question 24 POST_UTME_ESUT • 2017 • ACCOUNTING • objective

A company purchased a piece of equipment for ₦150,000. The equipment has a useful life of 5 years and a residual value of ₦20,000. Calculate the annual depreciation.

Answer Options

A. ₦25,000
B. ₦28,000
Correct Answer C. ₦30,000
D. ₦32,000
Correct Answer
C
Correct Option:
₦30,000

About This Question

This is Post Utme Esut 2017 Accounting Question 24. It is one of the objective questions from the 2017 Post Utme Esut Accounting examination.

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