Post Utme Oau 2021 Accounting Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Oau Accounting examination.

Post Utme Oau 2021 Accounting Objective / Multiple Choice
Question 5 POST_UTME_OAU • 2021 • ACCOUNTING • objective

A company issues 5-year debentures of ₦100,000 each at a discount of 5%. What is the total amount received from the sale of these debentures?

Answer Options

A. ₦4,750,000
Correct Answer B. ₦4,875,000
C. ₦4,900,000
D. ₦4,925,000
Correct Answer
B
Correct Option:
₦4,875,000

About This Question

This is Post Utme Oau 2021 Accounting Question 5. It is one of the objective questions from the 2021 Post Utme Oau Accounting examination.

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