Post Utme Esut 2023 Accounting Question 9

Practice objective / multiple choice question 9 from the 2023 Post Utme Esut Accounting examination.

Post Utme Esut 2023 Accounting Objective / Multiple Choice
Question 9 POST_UTME_ESUT • 2023 • ACCOUNTING • objective

A company purchases a machine for ₦500,000 and depreciates it using the straight-line method over a useful life of 5 years. What is the annual depreciation charge?

Answer Options

Correct Answer A. ₦100,000
B. ₦50,000
C. ₦25,000
D. ₦10,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Esut 2023 Accounting Question 9. It is one of the objective questions from the 2023 Post Utme Esut Accounting examination.

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