Post Utme Futa 2025 Accounting Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Futa Accounting examination.

Post Utme Futa 2025 Accounting Objective / Multiple Choice
Question 29 POST_UTME_FUTA • 2025 • ACCOUNTING • objective

A company issued a 10% debenture at a premium of 5%. If the debenture is redeemed at par, what is the amount of interest paid?

Answer Options

A. ₦5,000
B. ₦10,000
Correct Answer C. ₦15,000
D. ₦20,000
Correct Answer
C
Correct Option:
₦15,000

About This Question

This is Post Utme Futa 2025 Accounting Question 29. It is one of the objective questions from the 2025 Post Utme Futa Accounting examination.

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