Post Utme Madonna University 2019 Accounting Question 26

Practice objective / multiple choice question 26 from the 2019 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2019 Accounting Objective / Multiple Choice
Question 26 POST_UTME_MADONNA_UNIVERSITY • 2019 • ACCOUNTING • objective

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

Answer Options

A. ₦50,000
Correct Answer B. ₦40,000
C. ₦30,000
D. ₦20,000
Correct Answer
B
Correct Option:
₦40,000

About This Question

This is Post Utme Madonna University 2019 Accounting Question 26. It is one of the objective questions from the 2019 Post Utme Madonna University Accounting examination.

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