Post Utme Delsu 2022 Accounting Question 24

Practice objective / multiple choice question 24 from the 2022 Post Utme Delsu Accounting examination.

Post Utme Delsu 2022 Accounting Objective / Multiple Choice
Question 24 POST_UTME_DELSU • 2022 • ACCOUNTING • objective

A company issued 5,000 debentures of ₦100 each at 10% interest per annum. Calculate the total interest payable on the debentures for the first year.

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 Delsu 2022 Accounting Question 24. It is one of the objective questions from the 2022 Post Utme Delsu Accounting examination.

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