Post Utme Noun 2018 Accounting Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Noun Accounting examination.

Post Utme Noun 2018 Accounting Objective / Multiple Choice
Question 8 POST_UTME_NOUN • 2018 • ACCOUNTING • objective

A company issues 5,000 debentures of ₦100 each at a discount of 5%. Calculate the total amount received from the issue of debentures and the total amount of debenture capital.

Answer Options

A. ₦475,000
Correct Answer B. ₦480,000
C. ₦485,000
D. ₦490,000
Correct Answer
B
Correct Option:
₦480,000

About This Question

This is Post Utme Noun 2018 Accounting Question 8. It is one of the objective questions from the 2018 Post Utme Noun Accounting examination.

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