Post Utme Lasu 2019 Accounting Question 12

Practice objective / multiple choice question 12 from the 2019 Post Utme Lasu Accounting examination.

Post Utme Lasu 2019 Accounting Objective / Multiple Choice
Question 12 POST_UTME_LASU • 2019 • ACCOUNTING • objective

A company purchased a machine for ₦120,000. Depreciation is provided using the straight-line method over a useful life of 5 years. Calculate the annual depreciation charge.

Answer Options

Correct Answer A. ₦24,000
B. ₦24,000
C. ₦24,000
D. ₦24,000
Correct Answer
A
Correct Option:
₦24,000

About This Question

This is Post Utme Lasu 2019 Accounting Question 12. It is one of the objective questions from the 2019 Post Utme Lasu Accounting examination.

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