Post Utme Joseph Ayo Babalola University 2020 Accounting Question 21

Practice objective / multiple choice question 21 from the 2020 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2020 Accounting Objective / Multiple Choice
Question 21 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2020 • ACCOUNTING • objective

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

Answer Options

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

About This Question

This is Post Utme Joseph Ayo Babalola University 2020 Accounting Question 21. It is one of the objective questions from the 2020 Post Utme Joseph Ayo Babalola University Accounting examination.

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