Post Utme Uniport 2022 Accounting Question 17

Practice objective / multiple choice question 17 from the 2022 Post Utme Uniport Accounting examination.

Post Utme Uniport 2022 Accounting Objective / Multiple Choice
Question 17 POST_UTME_UNIPORT • 2022 • ACCOUNTING • objective

A company issues 10,000, 9% debentures of ₦100 each at a discount of 5%. Calculate the amount of discount on the debentures.

Answer Options

Correct Answer A. ₦50,000
B. ₦75,000
C. ₦90,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Uniport 2022 Accounting Question 17. It is one of the objective questions from the 2022 Post Utme Uniport Accounting examination.

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