Post Utme Ims U 2025 Accounting Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Ims U Accounting examination.

Post Utme Ims U 2025 Accounting Objective / Multiple Choice
Question 18 POST_UTME_IMS_U • 2025 • ACCOUNTING • objective

A company issued 5,000 debentures of ₦1,000 each at a discount of 5%. Calculate the total amount received from the issue of debentures and the total amount of debenture capital.

Answer Options

Correct Answer A. ₦4,750,000
B. ₦5,000,000
C. ₦5,250,000
D. ₦5,500,000
Correct Answer
A
Correct Option:
₦4,750,000

About This Question

This is Post Utme Ims U 2025 Accounting Question 18. It is one of the objective questions from the 2025 Post Utme Ims U 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