Post Utme Babcock University 2025 Accounting Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2025 Accounting Objective / Multiple Choice
Question 13 POST_UTME_BABCOCK_UNIVERSITY • 2025 • ACCOUNTING • objective

A company issued 10% debentures of ₦100,000 at a premium of 10%. Calculate the annual interest payable on the debentures.

Answer Options

A. ₦10,000
Correct Answer B. ₦11,000
C. ₦12,000
D. ₦13,000
Correct Answer
B
Correct Option:
₦11,000

About This Question

This is Post Utme Babcock University 2025 Accounting Question 13. It is one of the objective questions from the 2025 Post Utme Babcock University Accounting examination.

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