Post Utme Unilag 2018 Accounting Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Unilag Accounting examination.

Post Utme Unilag 2018 Accounting Objective / Multiple Choice
Question 35 POST_UTME_UNILAG • 2018 • ACCOUNTING • objective

A company uses the straight-line method of depreciation. If the cost of a machine 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 Unilag 2018 Accounting Question 35. It is one of the objective questions from the 2018 Post Utme Unilag Accounting examination.

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