Post Utme Rsu 2018 Accounting Question 21

Practice objective / multiple choice question 21 from the 2018 Post Utme Rsu Accounting examination.

Post Utme Rsu 2018 Accounting Objective / Multiple Choice
Question 21 POST_UTME_RSU • 2018 • ACCOUNTING • objective

A company issued 5,000, 10% debentures of ₦100 each. Calculate the total amount of interest payable annually.

Answer Options

A. ₦50,000
B. ₦25,000
C. ₦12,500
Correct Answer D. ₦62,500
Correct Answer
D
Correct Option:
₦62,500

About This Question

This is Post Utme Rsu 2018 Accounting Question 21. It is one of the objective questions from the 2018 Post Utme Rsu Accounting examination.

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