Post Utme Oau 2018 Accounting Question 38

Practice objective / multiple choice question 38 from the 2018 Post Utme Oau Accounting examination.

Post Utme Oau 2018 Accounting Objective / Multiple Choice
Question 38 POST_UTME_OAU • 2018 • ACCOUNTING • objective

A machine is purchased for ₦100,000 and has a useful life of 5 years. The machine is depreciated using the straight-line method. Calculate the annual depreciation.

Answer Options

A. ₦20,000
B. ₦25,000
Correct Answer C. ₦30,000
D. ₦35,000
Correct Answer
C
Correct Option:
₦30,000

About This Question

This is Post Utme Oau 2018 Accounting Question 38. It is one of the objective questions from the 2018 Post Utme Oau Accounting examination.

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