Post Utme Mountain Top University 2023 Accounting Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2023 Accounting Objective / Multiple Choice
Question 10 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2023 • ACCOUNTING • objective

A company issued 5-year debentures of ₦10,000 each at 10% interest. If the debentures are redeemed at the end of the 5th year, what is the total amount paid to the debenture holders?

Answer Options

A. ₦50,000
B. ₦100,000
C. ₦150,000
Correct Answer D. ₦200,000
Correct Answer
D
Correct Option:
₦200,000

About This Question

This is Post Utme Mountain Top University 2023 Accounting Question 10. It is one of the objective questions from the 2023 Post Utme Mountain Top University Accounting examination.

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