Post Utme Unn 2017 Accounting Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Unn Accounting examination.

Post Utme Unn 2017 Accounting Objective / Multiple Choice
Question 22 POST_UTME_UNN • 2017 • ACCOUNTING • objective

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

Answer Options

Correct Answer A. ¡2,000
B. ¡5,000
C. ¦10,000
D. ¦5,000
Correct Answer
A
Correct Option:
¡2,000

About This Question

This is Post Utme Unn 2017 Accounting Question 22. It is one of the objective questions from the 2017 Post Utme Unn Accounting examination.

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