Post Utme Redeemers University 2017 Accounting Question 6

Practice objective / multiple choice question 6 from the 2017 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2017 Accounting Objective / Multiple Choice
Question 6 POST_UTME_REDEEMERS_UNIVERSITY • 2017 • ACCOUNTING • objective

A company issued 10,000 9% debentures of ₦100 each. Calculate the total amount received from debenture holders.

Answer Options

A. ₦1,000,000
Correct Answer B. ₦1,090,000
C. ₦1,100,000
D. ₦1,190,000
Correct Answer
B
Correct Option:
₦1,090,000

About This Question

This is Post Utme Redeemers University 2017 Accounting Question 6. It is one of the objective questions from the 2017 Post Utme Redeemers University Accounting examination.

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