Post Utme Unn 2023 Accounting Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Unn Accounting examination.

Post Utme Unn 2023 Accounting Objective / Multiple Choice
Question 18 POST_UTME_UNN • 2023 • ACCOUNTING • objective

A company's assets were valued at ₦500,000 at the beginning of the year. At the end of the year, the assets were valued at ₦600,000. Calculate the depreciation for the year.

Answer Options

Correct Answer A. ₦50,000
B. ₦100,000
C. ₦200,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Unn 2023 Accounting Question 18. It is one of the objective questions from the 2023 Post Utme Unn Accounting examination.

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