Post Utme Bells University 2018 Accounting Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Bells University Accounting examination.

Post Utme Bells University 2018 Accounting Objective / Multiple Choice
Question 27 POST_UTME_BELLS_UNIVERSITY • 2018 • ACCOUNTING • objective

A company issues 1,000, 10% debentures of ₦100 each at a discount of 5%. Calculate the amount of discount on the debentures.

Answer Options

A. ₦5,000
Correct Answer B. ₦10,000
C. ₦15,000
D. ₦20,000
Correct Answer
B
Correct Option:
₦10,000

About This Question

This is Post Utme Bells University 2018 Accounting Question 27. It is one of the objective questions from the 2018 Post Utme Bells University Accounting examination.

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