Post Utme Greenfield University 2022 Accounting Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2022 Accounting Objective / Multiple Choice
Question 13 POST_UTME_GREENFIELD_UNIVERSITY • 2022 • ACCOUNTING • objective

A company uses the straight-line method to depreciate its assets. The company's asset has a cost of ₦500,000 and a useful life of 5 years. What is the annual depreciation?

Answer Options

Correct Answer A. ₦50,000
B. ₦100,000
C. ₦200,000
D. ₦250,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Greenfield University 2022 Accounting Question 13. It is one of the objective questions from the 2022 Post Utme Greenfield University Accounting examination.

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