Post Utme Oau 2018 Accounting Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Oau Accounting examination.

Post Utme Oau 2018 Accounting Objective / Multiple Choice
Question 19 POST_UTME_OAU • 2018 • ACCOUNTING • objective

A company purchases a building for ₦5,000,000 and depreciates it using the straight-line method over 10 years. Calculate the annual depreciation.

Answer Options

Correct Answer A. ₦500,000
B. ₦450,000
C. ₦400,000
D. ₦350,000
Correct Answer
A
Correct Option:
₦500,000

About This Question

This is Post Utme Oau 2018 Accounting Question 19. It is one of the objective questions from the 2018 Post Utme Oau Accounting examination.

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