Post Utme Unilorin 2025 Accounting Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2025 Accounting Objective / Multiple Choice
Question 39 POST_UTME_UNILORIN • 2025 • ACCOUNTING • objective

A company issued 5,000 debentures of 1,000 each at a discount of 5%. If the debentures are redeemed after 5 years, what is the total amount paid to redeem the debentures?

Answer Options

A. ₦4,750,000
B. ₦5,000,000
Correct Answer C. ₦5,250,000
D. ₦5,500,000
Correct Answer
C
Correct Option:
₦5,250,000

About This Question

This is Post Utme Unilorin 2025 Accounting Question 39. It is one of the objective questions from the 2025 Post Utme Unilorin Accounting examination.

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