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WAEC Agricultural Science 2014 Question 46

Question 46

Farm Management and Records

Calculate the annual depreciation of a farm machinery with a total depreciation of D63,000 and a useful life of 5 years.

  1. A.D6,300.00
  2. B.D9,450.00
  3. C.D12,600.00
  4. D.D18,900.00.
Show the answer and explanation

Answer: C (D12,600.00)

Explanation

Annual depreciation = total depreciation ÷ years = 63,000 ÷ 5 = 12,600.