Post Utme Lasu 2017 Accounting Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Lasu Accounting examination.

Post Utme Lasu 2017 Accounting Objective / Multiple Choice
Question 34 POST_UTME_LASU • 2017 • ACCOUNTING • objective

A company uses the straight-line method to depreciate its assets. If the asset cost ₦1,000,000 and has a useful life of 10 years, what is the annual depreciation?

Answer Options

Correct Answer A. ₦100,000
B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Lasu 2017 Accounting Question 34. It is one of the objective questions from the 2017 Post Utme Lasu Accounting examination.

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