Post Utme Esut 2018 Accounting Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Esut Accounting examination.

Post Utme Esut 2018 Accounting Objective / Multiple Choice
Question 5 POST_UTME_ESUT • 2018 • ACCOUNTING • objective

A company's depreciation account for the year ended 31st December 2022 is as follows: Depreciable assets: ₦500,000 Depreciation rate: 10% Total depreciation: ₦50,000 What is the company's accumulated depreciation?

Answer Options

Correct Answer A. ₦50,000
B. ₦100,000
C. ₦150,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Esut 2018 Accounting Question 5. It is one of the objective questions from the 2018 Post Utme Esut Accounting examination.

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