Post Utme Ksu 2022 Accounting Question 13

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

Post Utme Ksu 2022 Accounting Objective / Multiple Choice
Question 13 POST_UTME_KSU • 2022 • ACCOUNTING • objective

A company uses the straight-line method of depreciation. If an asset cost ₦200,000 and has a useful life of 10 years, what is the annual depreciation?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

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

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