Post Utme Esut 2017 Accounting Question 3

Practice objective / multiple choice question 3 from the 2017 Post Utme Esut Accounting examination.

Post Utme Esut 2017 Accounting Objective / Multiple Choice
Question 3 POST_UTME_ESUT • 2017 • ACCOUNTING • objective

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

Answer Options

Correct Answer A. ₦5
B. ₦10
C. ₦15
D. ₦20
Correct Answer
A
Correct Option:
₦5

About This Question

This is Post Utme Esut 2017 Accounting Question 3. It is one of the objective questions from the 2017 Post Utme Esut Accounting examination.

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