Post Utme Rhema University 2023 Accounting Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2023 Accounting Objective / Multiple Choice
Question 4 POST_UTME_RHEMA_UNIVERSITY • 2023 • ACCOUNTING • objective

A company issued 10,000 debentures of ₦ 100 each at 6% interest. Calculate the total interest payable on the debentures after 2 years.

Answer Options

A. ₦ 12,000
B. ₦ 15,000
Correct Answer C. ₦ 18,000
D. ₦ 20,000
Correct Answer
C
Correct Option:
₦ 18,000

About This Question

This is Post Utme Rhema University 2023 Accounting Question 4. It is one of the objective questions from the 2023 Post Utme Rhema University Accounting examination.

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