Post Utme Ksu 2017 Accounting Question 1

Practice objective / multiple choice question 1 from the 2017 Post Utme Ksu Accounting examination.

Post Utme Ksu 2017 Accounting Objective / Multiple Choice
Question 1 POST_UTME_KSU • 2017 • ACCOUNTING • objective

A company issues 10,000, 9% debentures of ₦100 each at a discount of 5%. Calculate the amount received from the debenture holders.

Answer Options

Correct Answer A. ₦950,000
B. ₦1,000,000
C. ₦1,050,000
D. ₦1,100,000
Correct Answer
A
Correct Option:
₦950,000

About This Question

This is Post Utme Ksu 2017 Accounting Question 1. It is one of the objective questions from the 2017 Post Utme Ksu Accounting examination.

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