Post Utme Ksu 2019 Accounting Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Ksu Accounting examination.

Post Utme Ksu 2019 Accounting Objective / Multiple Choice
Question 14 POST_UTME_KSU • 2019 • ACCOUNTING • objective

A company purchases a machine for ₦500,000 and depreciates it by 10% per annum using the straight-line method. Calculate the depreciation for the first year.

Answer Options

Correct Answer A. ₦50,000
B. ₦45,000
C. ₦40,000
D. ₦35,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Ksu 2019 Accounting Question 14. It is one of the objective questions from the 2019 Post Utme Ksu Accounting examination.

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