Post Utme Ui 2019 Accounting Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Ui Accounting examination.

Post Utme Ui 2019 Accounting Objective / Multiple Choice
Question 14 POST_UTME_UI • 2019 • ACCOUNTING • objective

A company issued 5,000 9% debentures of ₦100 each at a discount of 5%. Calculate the total amount received from the issue of debentures.

Answer Options

Correct Answer A. ₦475,000
B. ₦475,500
C. ₦475,000
D. ₦475,500
Correct Answer
A
Correct Option:
₦475,000

About This Question

This is Post Utme Ui 2019 Accounting Question 14. It is one of the objective questions from the 2019 Post Utme Ui Accounting examination.

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