Post Utme Oau 2025 Accounting Question 1

Practice objective / multiple choice question 1 from the 2025 Post Utme Oau Accounting examination.

Post Utme Oau 2025 Accounting Objective / Multiple Choice
Question 1 POST_UTME_OAU • 2025 • ACCOUNTING • objective

A company issues 1,000, 10% debentures of ₦100 each at a discount of 5%. The debentures are redeemable at par after 5 years. Calculate the amount of discount on the debentures.

Answer Options

Correct Answer A. ₦50,000
B. ₦75,000
C. ₦100,000
D. ₦125,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Oau 2025 Accounting Question 1. It is one of the objective questions from the 2025 Post Utme Oau Accounting examination.

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