Post Utme Oau 2020 Accounting Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Oau Accounting examination.

Post Utme Oau 2020 Accounting Objective / Multiple Choice
Question 24 POST_UTME_OAU • 2020 • ACCOUNTING • objective

A company purchased a machine for ₦2,000,000. It was sold after 3 years for ₦1,800,000. Calculate the annual depreciation of the machine.

Answer Options

A. ₦200,000
B. ₦250,000
Correct Answer C. ₦300,000
D. ₦350,000
Correct Answer
C
Correct Option:
₦300,000

About This Question

This is Post Utme Oau 2020 Accounting Question 24. It is one of the objective questions from the 2020 Post Utme Oau Accounting examination.

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