Post Utme Christopher University 2024 Accounting Question 3

Practice objective / multiple choice question 3 from the 2024 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2024 Accounting Objective / Multiple Choice
Question 3 POST_UTME_CHRISTOPHER_UNIVERSITY • 2024 • ACCOUNTING • objective

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

Answer Options

Correct Answer A. ₦2,500
B. ₦5,000
C. ₦7,500
D. ₦10,000
Correct Answer
A
Correct Option:
₦2,500

About This Question

This is Post Utme Christopher University 2024 Accounting Question 3. It is one of the objective questions from the 2024 Post Utme Christopher University Accounting examination.

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