Post Utme Afe Babalola University 2021 Accounting Question 21

Practice objective / multiple choice question 21 from the 2021 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2021 Accounting Objective / Multiple Choice
Question 21 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2021 • ACCOUNTING • objective

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

Answer Options

A. ₦9,50,000
Correct Answer B. ₦9,80,000
C. ₦9,90,000
D. ₦10,00,000
Correct Answer
B
Correct Option:
₦9,80,000

About This Question

This is Post Utme Afe Babalola University 2021 Accounting Question 21. It is one of the objective questions from the 2021 Post Utme Afe Babalola University Accounting examination.

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