Post Utme Ksu 2022 Accounting Question 23

Practice objective / multiple choice question 23 from the 2022 Post Utme Ksu Accounting examination.

Post Utme Ksu 2022 Accounting Objective / Multiple Choice
Question 23 POST_UTME_KSU • 2022 • 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.

Answer Options

A. ₦9,000
Correct Answer B. ₦10,000
C. ₦11,000
D. ₦12,000
Correct Answer
B
Correct Option:
₦10,000

About This Question

This is Post Utme Ksu 2022 Accounting Question 23. It is one of the objective questions from the 2022 Post Utme Ksu Accounting examination.

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