Post Utme Aaua 2022 Accounting Question 16

Practice objective / multiple choice question 16 from the 2022 Post Utme Aaua Accounting examination.

Post Utme Aaua 2022 Accounting Objective / Multiple Choice
Question 16 POST_UTME_AAUA • 2022 • ACCOUNTING • objective

A company issues 10,000 9% debentures of ₦100 each at a discount of 5%. Calculate the amount received from the debenture holders.

Answer Options

Correct Answer A. ₦900,000
B. ₦950,000
C. ₦1,000,000
D. ₦1,050,000
Correct Answer
A
Correct Option:
₦900,000

About This Question

This is Post Utme Aaua 2022 Accounting Question 16. It is one of the objective questions from the 2022 Post Utme Aaua Accounting examination.

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