Post Utme Noun 2019 Accounting Question 2
Practice objective / multiple choice question 2 from the 2019 Post Utme Noun Accounting examination.
A company has a capital of ₦1,000,000 and a profit of ₦500,000. If the company issues 10% debentures at a premium of 5%, calculate the amount of interest on the debentures.
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About This Question
This is Post Utme Noun 2019 Accounting Question 2. It is one of the objective questions from the 2019 Post Utme Noun Accounting examination.
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