Post Utme Abu 2019 Accounting Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Abu Accounting examination.

Post Utme Abu 2019 Accounting Objective / Multiple Choice
Question 8 POST_UTME_ABU • 2019 • ACCOUNTING • objective

A company issued 5,000, 10% debentures of ₦100 each. Calculate the total amount received from debenture holders.

Answer Options

A. ₦500,000
B. ₦500,000
C. ₦500,000
Correct Answer D. ₦500,000
Correct Answer
D
Correct Option:
₦500,000

About This Question

This is Post Utme Abu 2019 Accounting Question 8. It is one of the objective questions from the 2019 Post Utme Abu Accounting examination.

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