Post Utme Madonna University 2018 Accounting Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2018 Accounting Objective / Multiple Choice
Question 19 POST_UTME_MADONNA_UNIVERSITY • 2018 • ACCOUNTING • objective

A company issued 5,000, 10% debentures of ₦100 each. The debentures are redeemable at the end of 5 years. Calculate the total amount to be paid to the debenture holders at redemption.

Answer Options

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

About This Question

This is Post Utme Madonna University 2018 Accounting Question 19. It is one of the objective questions from the 2018 Post Utme Madonna University Accounting examination.

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