Post Utme Bsu 2023 Accounting Question 36

Practice objective / multiple choice question 36 from the 2023 Post Utme Bsu Accounting examination.

Post Utme Bsu 2023 Accounting Objective / Multiple Choice
Question 36 POST_UTME_BSU • 2023 • ACCOUNTING • objective

A company issues 5-year debentures of ₦10,000 each at 10% interest per annum. If the debentures are redeemed at the end of the 5-year period, what is the total amount paid to the debenture holders?

Answer Options

A. ₦50,000
B. ₦100,000
C. ₦150,000
Correct Answer D. ₦200,000
Correct Answer
D
Correct Option:
₦200,000

About This Question

This is Post Utme Bsu 2023 Accounting Question 36. It is one of the objective questions from the 2023 Post Utme Bsu Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support