Post Utme Uniben 2017 Accounting Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Uniben Accounting examination.

Post Utme Uniben 2017 Accounting Objective / Multiple Choice
Question 4 POST_UTME_UNIBEN • 2017 • ACCOUNTING • objective

A company uses the straight-line method to depreciate its assets. The asset has a useful life of 10 years and a residual value of ₦10,000. Calculate the annual depreciation charge.

Answer Options

Correct Answer A. ₦90,000
B. ₦100,000
C. ₦110,000
D. ₦120,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Uniben 2017 Accounting Question 4. It is one of the objective questions from the 2017 Post Utme Uniben Accounting examination.

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