Post Utme Ksu 2024 Accounting Question 33

Practice objective / multiple choice question 33 from the 2024 Post Utme Ksu Accounting examination.

Post Utme Ksu 2024 Accounting Objective / Multiple Choice
Question 33 POST_UTME_KSU • 2024 • 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.

Answer Options

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

About This Question

This is Post Utme Ksu 2024 Accounting Question 33. It is one of the objective questions from the 2024 Post Utme Ksu Accounting examination.

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