Post Utme Rsu 2021 Accounting Question 21

Practice objective / multiple choice question 21 from the 2021 Post Utme Rsu Accounting examination.

Post Utme Rsu 2021 Accounting Objective / Multiple Choice
Question 21 POST_UTME_RSU • 2021 • ACCOUNTING • objective

A company purchases a machine for ₦1,500,000 and depreciates it by 20% per annum using the straight-line method. Calculate the depreciation for the first year.

Answer Options

Correct Answer A. ₦300,000
B. ₦200,000
C. ₦150,000
D. ₦250,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Rsu 2021 Accounting Question 21. It is one of the objective questions from the 2021 Post Utme Rsu Accounting examination.

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