Post Utme Redeemers University 2025 Accounting Question 19

Practice objective / multiple choice question 19 from the 2025 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2025 Accounting Objective / Multiple Choice
Question 19 POST_UTME_REDEEMERS_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has a machine that cost ₦500,000 and has a useful life of 5 years. If the company uses the straight-line method of depreciation, what is the annual depreciation charge?

Answer Options

Correct Answer A. ₦100,000
B. ₦80,000
C. ₦60,000
D. ₦40,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Redeemers University 2025 Accounting Question 19. It is one of the objective questions from the 2025 Post Utme Redeemers University Accounting examination.

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