Post Utme Greenfield University 2018 Accounting Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2018 Accounting Objective / Multiple Choice
Question 14 POST_UTME_GREENFIELD_UNIVERSITY • 2018 • ACCOUNTING • objective

A company issued 10,000 debentures of ₹100 each at a discount of ₹5 per debenture. The amount received from the issue of debentures is ₹9,50,000. Calculate the amount of debenture capital.

Answer Options

Correct Answer A. ₹9,50,000
B. ₹9,75,000
C. ₹10,00,000
D. ₹10,25,000
Correct Answer
A
Correct Option:
₹9,50,000

About This Question

This is Post Utme Greenfield University 2018 Accounting Question 14. It is one of the objective questions from the 2018 Post Utme Greenfield University Accounting examination.

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