Post Utme Ksu 2019 Accounting Question 9

Practice objective / multiple choice question 9 from the 2019 Post Utme Ksu Accounting examination.

Post Utme Ksu 2019 Accounting Objective / Multiple Choice
Question 9 POST_UTME_KSU • 2019 • ACCOUNTING • objective

A company has a capital of ₦ 50,000, divided into 5,000 shares of ₦ 10 each. The company also has 1,000 10% debentures of ₦ 100 each. If the company makes a loss of ₦ 15,000, how much will the debenture holders receive?

Answer Options

Correct Answer A. ₦ 1,500
B. ₦ 2,000
C. ₦ 2,500
D. ₦ 3,000
Correct Answer
A
Correct Option:
₦ 1,500

About This Question

This is Post Utme Ksu 2019 Accounting Question 9. It is one of the objective questions from the 2019 Post Utme Ksu Accounting examination.

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