Post Utme Skyline University 2022 Accounting Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2022 Accounting Objective / Multiple Choice
Question 19 POST_UTME_SKYLINE_UNIVERSITY • 2022 • ACCOUNTING • objective

A company issues 1,000, 10% debentures of ₦100 each at a discount of 5%. What is the total amount received from the issue of debentures?

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 Skyline University 2022 Accounting Question 19. It is one of the objective questions from the 2022 Post Utme Skyline University Accounting examination.

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