Post Utme Unilorin 2025 Accounting Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2025 Accounting Objective / Multiple Choice
Question 12 POST_UTME_UNILORIN • 2025 • ACCOUNTING • objective

A company has a building with a cost of ₦1,000,000 and a useful life of 10 years. The building is depreciated using the straight-line method. Calculate the annual depreciation for the first year.

Answer Options

Correct Answer A. ₦100,000
B. ₦90,000
C. ₦80,000
D. ₦70,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Unilorin 2025 Accounting Question 12. It is one of the objective questions from the 2025 Post Utme Unilorin Accounting examination.

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