Post Utme Rsu 2024 Accounting Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Rsu Accounting examination.

Post Utme Rsu 2024 Accounting Objective / Multiple Choice
Question 29 POST_UTME_RSU • 2024 • ACCOUNTING • objective

A company issues 1,000 debentures of ₦100 each at a discount of 5%. What is the total amount of cash received by the company?

Answer Options

A. ₦90,000
Correct Answer B. ₦95,000
C. ₦100,000
D. ₦105,000
Correct Answer
B
Correct Option:
₦95,000

About This Question

This is Post Utme Rsu 2024 Accounting Question 29. It is one of the objective questions from the 2024 Post Utme Rsu Accounting examination.

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