Post Utme Lautech 2025 Accounting Question 36

Practice objective / multiple choice question 36 from the 2025 Post Utme Lautech Accounting examination.

Post Utme Lautech 2025 Accounting Objective / Multiple Choice
Question 36 POST_UTME_LAUTECH • 2025 • ACCOUNTING • objective

A company issued 5,000, 10% debentures of ₦100 each at a discount of 5%. The debentures are redeemable at the end of 5 years. Calculate the amount of interest to be paid annually.

Answer Options

A. ₦25,000
Correct Answer B. ₦50,000
C. ₦75,000
D. ₦100,000
Correct Answer
B
Correct Option:
₦50,000

About This Question

This is Post Utme Lautech 2025 Accounting Question 36. It is one of the objective questions from the 2025 Post Utme Lautech Accounting examination.

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