Post Utme Mountain Top University 2025 Accounting Question 23

Practice objective / multiple choice question 23 from the 2025 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2025 Accounting Objective / Multiple Choice
Question 23 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's assets include a building with a carrying value of ₦1,000,000 and a useful life of 10 years. The company uses the straight-line method of depreciation. The annual depreciation charge is

Answer Options

Correct Answer A. ₦100,000
B. ₦200,000
C. ₦500,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Mountain Top University 2025 Accounting Question 23. It is one of the objective questions from the 2025 Post Utme Mountain Top University Accounting examination.

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