Post Utme Uniben 2023 Accounting Question 1

Practice objective / multiple choice question 1 from the 2023 Post Utme Uniben Accounting examination.

Post Utme Uniben 2023 Accounting Objective / Multiple Choice
Question 1 POST_UTME_UNIBEN • 2023 • ACCOUNTING • objective

A company issued 5,000, 10% debentures of ₦100 each at a discount of 5%. Calculate the amount received from the debenture holders.

Answer Options

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

About This Question

This is Post Utme Uniben 2023 Accounting Question 1. It is one of the objective questions from the 2023 Post Utme Uniben Accounting examination.

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