Post Utme Ui 2025 Accounting Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Ui Accounting examination.

Post Utme Ui 2025 Accounting Objective / Multiple Choice
Question 25 POST_UTME_UI • 2025 • ACCOUNTING • objective

A company purchased a machine for ₦500,000. Depreciation is provided using the straight-line method. The machine is expected to have a useful life of 5 years and a residual value of ₦50,000. Calculate the annual depreciation charge.

Answer Options

Correct Answer A. ₦90,000
B. ₦92,000
C. ₦95,000
D. ₦97,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Ui 2025 Accounting Question 25. It is one of the objective questions from the 2025 Post Utme Ui Accounting examination.

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