Post Utme Uniport 2021 Accounting Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Uniport Accounting examination.

Post Utme Uniport 2021 Accounting Objective / Multiple Choice
Question 19 POST_UTME_UNIPORT • 2021 • ACCOUNTING • objective

A company uses the straight-line method of depreciation. The company purchased a machine for ₦ 50,000 and uses it for 5 years. Calculate the annual depreciation.

Answer Options

A. ₦ 10,000
Correct Answer B. ₦ 12,500
C. ₦ 15,000
D. ₦ 17,500
Correct Answer
B
Correct Option:
₦ 12,500

About This Question

This is Post Utme Uniport 2021 Accounting Question 19. It is one of the objective questions from the 2021 Post Utme Uniport Accounting examination.

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