Post Utme Pan Atlantic University 2019 Accounting Question 23

Practice objective / multiple choice question 23 from the 2019 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2019 Accounting Objective / Multiple Choice
Question 23 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2019 • 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. ₡0,000
B. ₡2,000
C. ₡5,000
D. ₡8,000
Correct Answer
A
Correct Option:
₡0,000

About This Question

This is Post Utme Pan Atlantic University 2019 Accounting Question 23. It is one of the objective questions from the 2019 Post Utme Pan Atlantic University Accounting examination.

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