Post Utme Unilag 2025 Accounting Question 40

Practice objective / multiple choice question 40 from the 2025 Post Utme Unilag Accounting examination.

Post Utme Unilag 2025 Accounting Objective / Multiple Choice
Question 40 POST_UTME_UNILAG • 2025 • ACCOUNTING • objective

A company purchased a machine for ₦200,000 and depreciated it by 10% per annum using the straight-line method. Calculate the depreciation for the first year.

Answer Options

Correct Answer A. ₦20,000
B. ₦22,000
C. ₦25,000
D. ₦28,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Unilag 2025 Accounting Question 40. It is one of the objective questions from the 2025 Post Utme Unilag Accounting examination.

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