Post Utme Greenfield University 2024 Accounting Question 21

Practice objective / multiple choice question 21 from the 2024 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2024 Accounting Objective / Multiple Choice
Question 21 POST_UTME_GREENFIELD_UNIVERSITY • 2024 • ACCOUNTING • objective

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

Answer Options

A. ₦475,000
Correct Answer B. ₦475,500
C. ₦475,000
D. ₦475,500
Correct Answer
B
Correct Option:
₦475,500

About This Question

This is Post Utme Greenfield University 2024 Accounting Question 21. It is one of the objective questions from the 2024 Post Utme Greenfield University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support