Post Utme Unn 2021 Accounting Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Unn Accounting examination.

Post Utme Unn 2021 Accounting Objective / Multiple Choice
Question 35 POST_UTME_UNN • 2021 • ACCOUNTING • objective

A company's depreciation policy is to depreciate its assets using the straight-line method. The company's assets have a useful life of 10 years and a residual value of ₦50,000. Calculate the annual depreciation charge for the company's assets.

Answer Options

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

About This Question

This is Post Utme Unn 2021 Accounting Question 35. It is one of the objective questions from the 2021 Post Utme Unn Accounting examination.

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