Post Utme Esut 2019 Accounting Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Esut Accounting examination.

Post Utme Esut 2019 Accounting Objective / Multiple Choice
Question 25 POST_UTME_ESUT • 2019 • ACCOUNTING • objective

A company issued 5,000, 10% debentures of ₦100 each. Calculate the amount of interest payable annually.

Answer Options

Correct Answer A. ₦50,000
B. ₦25,000
C. ₦10,000
D. ₦5,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Esut 2019 Accounting Question 25. It is one of the objective questions from the 2019 Post Utme Esut Accounting examination.

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