Post Utme Uniben 2024 Accounting Question 36

Practice objective / multiple choice question 36 from the 2024 Post Utme Uniben Accounting examination.

Post Utme Uniben 2024 Accounting Objective / Multiple Choice
Question 36 POST_UTME_UNIBEN • 2024 • ACCOUNTING • objective

A company purchases a machine for ₦100,000 and depreciates it using the straight-line method over a period of 5 years. What is the annual depreciation charge?

Answer Options

A. ₦20,000
B. ₦25,000
Correct Answer C. ₦30,000
D. ₦35,000
Correct Answer
C
Correct Option:
₦30,000

About This Question

This is Post Utme Uniben 2024 Accounting Question 36. It is one of the objective questions from the 2024 Post Utme Uniben Accounting examination.

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