Post Utme Ksu 2023 Accounting Question 36

Practice objective / multiple choice question 36 from the 2023 Post Utme Ksu Accounting examination.

Post Utme Ksu 2023 Accounting Objective / Multiple Choice
Question 36 POST_UTME_KSU • 2023 • ACCOUNTING • objective

Determine the amount of depreciation on a machine that cost ₦250,000 and has a useful life of 5 years, with a residual value of ₦50,000. The machine is depreciated using the straight-line method.

Answer Options

A. ₦40,000
Correct Answer B. ₦45,000
C. ₦50,000
D. ₦55,000
Correct Answer
B
Correct Option:
₦45,000

About This Question

This is Post Utme Ksu 2023 Accounting Question 36. It is one of the objective questions from the 2023 Post Utme Ksu Accounting examination.

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