Post Utme Summit University 2025 Accounting Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Summit University Accounting examination.

Post Utme Summit University 2025 Accounting Objective / Multiple Choice
Question 3 POST_UTME_SUMMIT_UNIVERSITY • 2025 • ACCOUNTING • objective

A company purchases a machine for 10,000. The machine has a useful life of 5 years and a salvage value of 2,000. Calculate the annual depreciation:

Answer Options

Correct Answer A. 1,600
B. 1,800
C. 2,000
D. 2,400
Correct Answer
A
Correct Option:
1,600

About This Question

This is Post Utme Summit University 2025 Accounting Question 3. It is one of the objective questions from the 2025 Post Utme Summit University Accounting examination.

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