Post Utme Babcock University 2020 Accounting Question 21

Practice objective / multiple choice question 21 from the 2020 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2020 Accounting Objective / Multiple Choice
Question 21 POST_UTME_BABCOCK_UNIVERSITY • 2020 • ACCOUNTING • objective

A company issued 10,000 9% debentures of ₦100 each. Calculate the amount of interest payable annually.

Answer Options

A. ₦90,000
Correct Answer B. ₦100,000
C. ₦110,000
D. ₦120,000
Correct Answer
B
Correct Option:
₦100,000

About This Question

This is Post Utme Babcock University 2020 Accounting Question 21. It is one of the objective questions from the 2020 Post Utme Babcock University Accounting examination.

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