Post Utme Osustech 2023 Accounting Question 13

Practice objective / multiple choice question 13 from the 2023 Post Utme Osustech Accounting examination.

Post Utme Osustech 2023 Accounting Objective / Multiple Choice

Question 13 POST_UTME_OSUSTECH • 2023 • ACCOUNTING • objective

A company purchased a machine for 10,000. The machine has a useful life of 5 years and a residual value of 2,000. Calculate the annual depreciation using the straight-line method.

Answer Options

Correct Answer A. 1,600

B. 1,800

C. 1,900

D. 2,000

Correct Answer

Correct Option:

1,600

About This Question

This is Post Utme Osustech 2023 Accounting Question 13. It is one of the objective questions from the 2023 Post Utme Osustech Accounting examination.

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