Post Utme Pan Atlantic University 2017 Accounting Question 36

Practice objective / multiple choice question 36 from the 2017 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2017 Accounting Objective / Multiple Choice
Question 36 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has two departments: Manufacturing and Sales. The Manufacturing department has a depreciation policy of 10% on all assets. If the company's total assets are ₦1,500,000 and the Manufacturing department's assets are ₦800,000, what is the depreciation expense for the Manufacturing department?

Answer Options

A. ₦80,000
Correct Answer B. ₦120,000
C. ₦160,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦120,000

About This Question

This is Post Utme Pan Atlantic University 2017 Accounting Question 36. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Accounting examination.

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