Post Utme Uniosun 2019 Accounting Question 17

Practice objective / multiple choice question 17 from the 2019 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2019 Accounting Objective / Multiple Choice
Question 17 POST_UTME_UNIOSUN • 2019 • ACCOUNTING • objective

A company uses the straight-line method of depreciation. If the cost of equipment is 10,000 and its useful life is 5 years, what is the annual depreciation charge?

Answer Options

A. 2,000
Correct Answer B. 1,667
C. 1,500
D. 1,250
Correct Answer
B
Correct Option:
1,667

About This Question

This is Post Utme Uniosun 2019 Accounting Question 17. It is one of the objective questions from the 2019 Post Utme Uniosun Accounting examination.

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