Post Utme Oau 2018 Accounting Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Oau Accounting examination.

Post Utme Oau 2018 Accounting Objective / Multiple Choice
Question 25 POST_UTME_OAU • 2018 • ACCOUNTING • objective

A company has a debenture issue of ₦100,000 at 10% interest per annum. If the debentures are redeemable after 5 years, what is the total interest payable on the debentures?

Answer Options

A. ₦5,000
B. ₦10,000
C. ₦15,000
Correct Answer D. ₦20,000
Correct Answer
D
Correct Option:
₦20,000

About This Question

This is Post Utme Oau 2018 Accounting Question 25. It is one of the objective questions from the 2018 Post Utme Oau Accounting examination.

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