Post Utme Delsu 2023 Accounting Question 11

Practice objective / multiple choice question 11 from the 2023 Post Utme Delsu Accounting examination.

Post Utme Delsu 2023 Accounting Objective / Multiple Choice
Question 11 POST_UTME_DELSU • 2023 • ACCOUNTING • objective

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

Answer Options

A. ₦4,500,000
Correct Answer B. ₦4,750,000
C. ₦5,000,000
D. ₦5,250,000
Correct Answer
B
Correct Option:
₦4,750,000

About This Question

This is Post Utme Delsu 2023 Accounting Question 11. It is one of the objective questions from the 2023 Post Utme Delsu Accounting examination.

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