Post Utme Al Hikmah University 2019 Accounting Question 17

Practice objective / multiple choice question 17 from the 2019 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2019 Accounting Objective / Multiple Choice
Question 17 POST_UTME_AL-HIKMAH_UNIVERSITY • 2019 • ACCOUNTING • objective

A company issued 10,000, 9% debentures of ₦100 each at a discount of 5%. Calculate the amount of discount on the debentures.

Answer Options

Correct Answer A. ₦50,000
B. ₦75,000
C. ₦90,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Al Hikmah University 2019 Accounting Question 17. It is one of the objective questions from the 2019 Post Utme Al Hikmah University Accounting examination.

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