Post Utme Afe Babalola University 2023 Accounting Question 27

Practice objective / multiple choice question 27 from the 2023 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2023 Accounting Objective / Multiple Choice
Question 27 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2023 • ACCOUNTING • objective

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

Answer Options

Correct Answer A. ₦475,000
B. ₦475,500
C. ₦475,000
D. ₦475,500
Correct Answer
A
Correct Option:
₦475,000

About This Question

This is Post Utme Afe Babalola University 2023 Accounting Question 27. It is one of the objective questions from the 2023 Post Utme Afe Babalola University Accounting examination.

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