Post Utme Afe Babalola University 2017 Accounting Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2017 Accounting Objective / Multiple Choice
Question 18 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • ACCOUNTING • objective

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

Answer Options

Correct Answer A. ₦475,000
B. ₦480,000
C. ₦485,000
D. ₦490,000
Correct Answer
A
Correct Option:
₦475,000

About This Question

This is Post Utme Afe Babalola University 2017 Accounting Question 18. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Accounting examination.

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