Post Utme Delsu 2019 Accounting Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Delsu Accounting examination.

Post Utme Delsu 2019 Accounting Objective / Multiple Choice
Question 36 POST_UTME_DELSU • 2019 • ACCOUNTING • objective

A company issued 10,000 debentures of ₦100 each at a discount of 5%. The total amount received from the issue of debentures is ₦900,000. Calculate the amount of debenture capital and the amount of debenture discount.

Answer Options

A. ₦80,000
Correct Answer B. ₦90,000
C. ₦100,000
D. ₦110,000
Correct Answer
B
Correct Option:
₦90,000

About This Question

This is Post Utme Delsu 2019 Accounting Question 36. It is one of the objective questions from the 2019 Post Utme Delsu Accounting examination.

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