Post Utme Ui 2020 Accounting Question 15

Practice objective / multiple choice question 15 from the 2020 Post Utme Ui Accounting examination.

Post Utme Ui 2020 Accounting Objective / Multiple Choice
Question 15 POST_UTME_UI • 2020 • ACCOUNTING • objective

A company issues 5,000 debentures of ₦100 each at a discount of 5%. Calculate the total discount.

Answer Options

A. ₦2,500
B. ₦5,000
Correct Answer C. ₦7,500
D. ₦10,000
Correct Answer
C
Correct Option:
₦7,500

About This Question

This is Post Utme Ui 2020 Accounting Question 15. It is one of the objective questions from the 2020 Post Utme Ui Accounting examination.

View More Post Utme Ui 2020 Accounting Questions More Post Utme Ui Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support