Post Utme Osustech 2024 Accounting Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Osustech Accounting examination.

Post Utme Osustech 2024 Accounting Objective / Multiple Choice
Question 10 POST_UTME_OSUSTECH • 2024 • ACCOUNTING • objective

A company issues 5-year debentures at a discount of 5%. What is the annual interest on the debentures?

Answer Options

A. ₦50,000
Correct Answer B. ₦55,000
C. ₦60,000
D. ₦65,000
Correct Answer
B
Correct Option:
₦55,000

About This Question

This is Post Utme Osustech 2024 Accounting Question 10. It is one of the objective questions from the 2024 Post Utme Osustech Accounting examination.

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