Post Utme Unilag 2024 Accounting Question 13

Practice objective / multiple choice question 13 from the 2024 Post Utme Unilag Accounting examination.

Post Utme Unilag 2024 Accounting Objective / Multiple Choice
Question 13 POST_UTME_UNILAG • 2024 • ACCOUNTING • objective

A company has a building with a carrying value of ₦1,500,000 and a useful life of 10 years. If the company uses the straight-line method of depreciation, what is the annual depreciation expense?

Answer Options

A. ₦150,000
Correct Answer B. ₦150,000
C. ₦120,000
D. ₦100,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Unilag 2024 Accounting Question 13. It is one of the objective questions from the 2024 Post Utme Unilag Accounting examination.

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