Post Utme Ui 2019 Accounting Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Ui Accounting examination.

Post Utme Ui 2019 Accounting Objective / Multiple Choice
Question 27 POST_UTME_UI • 2019 • ACCOUNTING • objective

A company uses the straight-line method of depreciation. If the cost of the asset is ₦150,000 and its useful life is 5 years, what is the annual depreciation charge?

Answer Options

Correct Answer A. ₦30,000
B. ₦25,000
C. ₦20,000
D. ₦15,000
Correct Answer
A
Correct Option:
₦30,000

About This Question

This is Post Utme Ui 2019 Accounting Question 27. It is one of the objective questions from the 2019 Post Utme Ui Accounting examination.

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