Post Utme Skyline University 2022 Accounting Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2022 Accounting Objective / Multiple Choice
Question 39 POST_UTME_SKYLINE_UNIVERSITY • 2022 • ACCOUNTING • objective

A company uses the straight-line method of depreciation to depreciate its assets. If the asset has a useful life of 10 years and a cost of ₦150,000, what is the annual depreciation charge?

Answer Options

A. ₦15,000
Correct Answer B. ₦18,750
C. ₦20,000
D. ₦22,500
Correct Answer
B
Correct Option:
₦18,750

About This Question

This is Post Utme Skyline University 2022 Accounting Question 39. It is one of the objective questions from the 2022 Post Utme Skyline University Accounting examination.

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