Post Utme Uniport 2024 Accounting Question 6

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

Post Utme Uniport 2024 Accounting Objective / Multiple Choice

Question 6 POST_UTME_UNIPORT • 2024 • ACCOUNTING • objective

A company issued 10,000 9% debentures of ₦100 each. Calculate the amount of interest payable annually.

Answer Options

Correct Answer A. ₦90,000

B. ₦100,000

C. ₦110,000

D. ₦120,000

Correct Answer

Correct Option:

₦90,000

About This Question

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

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