Post Utme Uniben 2023 Accounting Question 14

Practice objective / multiple choice question 14 from the 2023 Post Utme Uniben Accounting examination.

Post Utme Uniben 2023 Accounting Objective / Multiple Choice
Question 14 POST_UTME_UNIBEN • 2023 • ACCOUNTING • objective

A company has the following assets: Buildings £ 50,000, Machinery £ 30,000, and Vehicles £ 20,000. If the company depreciates the assets by 10% per annum, what is the total depreciation for the year?

Answer Options

A. £ 6,000
B. £ 7,000
Correct Answer C. £ 8,000
D. £ 9,000
Correct Answer
C
Correct Option:
£ 8,000

About This Question

This is Post Utme Uniben 2023 Accounting Question 14. It is one of the objective questions from the 2023 Post Utme Uniben Accounting examination.

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