Post Utme Unilorin 2020 Accounting Question 26

Practice objective / multiple choice question 26 from the 2020 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2020 Accounting Objective / Multiple Choice
Question 26 POST_UTME_UNILORIN • 2020 • 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

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 Unilorin 2020 Accounting Question 26. It is one of the objective questions from the 2020 Post Utme Unilorin Accounting examination.

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