Post Utme Uniosun 2024 Accounting Question 6

Practice objective / multiple choice question 6 from the 2024 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2024 Accounting Objective / Multiple Choice
Question 6 POST_UTME_UNIOSUN • 2024 • ACCOUNTING • objective

A company issues 1,000, 10% debentures of ₦100 each at a discount of 5%. Calculate the total amount received from debenture holders and the amount of discount on the debentures.

Answer Options

Correct Answer A. ₦95,000
B. ₦100,000
C. ₦105,000
D. ₦110,000
Correct Answer
A
Correct Option:
₦95,000

About This Question

This is Post Utme Uniosun 2024 Accounting Question 6. It is one of the objective questions from the 2024 Post Utme Uniosun Accounting examination.

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