Post Utme Ksu 2017 Accounting Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Ksu Accounting examination.

Post Utme Ksu 2017 Accounting Objective / Multiple Choice
Question 18 POST_UTME_KSU • 2017 • ACCOUNTING • objective

A company purchased a machine for ₦ 50,000. The machine has a useful life of 5 years and a residual value of ₦ 5,000. Calculate the annual depreciation using the straight-line method.

Answer Options

Correct Answer A. ₦ 9,500
B. ₦ 10,000
C. ₦ 9,000
D. ₦ 8,500
Correct Answer
A
Correct Option:
₦ 9,500

About This Question

This is Post Utme Ksu 2017 Accounting Question 18. It is one of the objective questions from the 2017 Post Utme Ksu Accounting examination.

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