Post Utme Lead City University 2025 Accounting Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2025 Accounting Objective / Multiple Choice
Question 4 POST_UTME_LEAD_CITY_UNIVERSITY • 2025 • 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

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

About This Question

This is Post Utme Lead City University 2025 Accounting Question 4. It is one of the objective questions from the 2025 Post Utme Lead City University Accounting examination.

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