Post Utme Unilorin 2019 Accounting Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2019 Accounting Objective / Multiple Choice
Question 13 POST_UTME_UNILORIN • 2019 • ACCOUNTING • objective

A company purchases a machine for ₦500,000 and depreciates it by 10% per annum. If the machine is depreciated for 5 years, what is the total depreciation?

Answer Options

A. ₦250,000
B. ₦275,000
C. ₦300,000
Correct Answer D. ₦325,000
Correct Answer
D
Correct Option:
₦325,000

About This Question

This is Post Utme Unilorin 2019 Accounting Question 13. It is one of the objective questions from the 2019 Post Utme Unilorin Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support