Post Utme Greenfield University 2019 Accounting Question 32

Practice objective / multiple choice question 32 from the 2019 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2019 Accounting Objective / Multiple Choice
Question 32 POST_UTME_GREENFIELD_UNIVERSITY • 2019 • ACCOUNTING • objective

A company uses the straight-line method of depreciation. The cost of the asset is ₦150,000 and its useful life is 5 years. Calculate the annual depreciation.

Answer Options

Correct Answer A. ₦30,000
B. ₦20,000
C. ₦25,000
D. ₦15,000
Correct Answer
A
Correct Option:
₦30,000

About This Question

This is Post Utme Greenfield University 2019 Accounting Question 32. It is one of the objective questions from the 2019 Post Utme Greenfield University Accounting examination.

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