Post Utme Bsu 2025 Accounting Question 17

Practice objective / multiple choice question 17 from the 2025 Post Utme Bsu Accounting examination.

Post Utme Bsu 2025 Accounting Objective / Multiple Choice
Question 17 POST_UTME_BSU • 2025 • ACCOUNTING • objective

A company issues 10,000, 10% debentures of ₦100 each at a discount of 5%. Calculate the amount received from debenture holders.

Answer Options

A. ₦900,000
Correct Answer B. ₦950,000
C. ₦1,000,000
D. ₦1,050,000
Correct Answer
B
Correct Option:
₦950,000

About This Question

This is Post Utme Bsu 2025 Accounting Question 17. It is one of the objective questions from the 2025 Post Utme Bsu Accounting examination.

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