Post Utme Unn 2017 Accounting Question 9

Practice objective / multiple choice question 9 from the 2017 Post Utme Unn Accounting examination.

Post Utme Unn 2017 Accounting Objective / Multiple Choice
Question 9 POST_UTME_UNN • 2017 • ACCOUNTING • objective

A company uses the straight-line method to depreciate its assets. If the asset has a useful life of 10 years and a cost of ₦200,000, what is the annual depreciation expense?

Answer Options

A. ₦20,000
B. ₦25,000
Correct Answer C. ₦30,000
D. ₦35,000
Correct Answer
C
Correct Option:
₦30,000

About This Question

This is Post Utme Unn 2017 Accounting Question 9. It is one of the objective questions from the 2017 Post Utme Unn Accounting examination.

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