Post Utme Oau 2021 Accounting Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Oau Accounting examination.

Post Utme Oau 2021 Accounting Objective / Multiple Choice
Question 33 POST_UTME_OAU • 2021 • ACCOUNTING • objective

A company purchased a machine for ₦0,000. The machine has a useful life of 5 years and a residual value of ₡0,000. Calculate the annual depreciation using the straight-line method.

Answer Options

Correct Answer A. ₨,000
B. ₡0,000
C. ₡2,000
D. ₡5,000
Correct Answer
A
Correct Option:
₨,000

About This Question

This is Post Utme Oau 2021 Accounting Question 33. It is one of the objective questions from the 2021 Post Utme Oau Accounting examination.

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