Post Utme Unn 2017 Accounting Question 17

Practice objective / multiple choice question 17 from the 2017 Post Utme Unn Accounting examination.

Post Utme Unn 2017 Accounting Objective / Multiple Choice
Question 17 POST_UTME_UNN • 2017 • ACCOUNTING • objective

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

Answer Options

Correct Answer A. ₦25,000
B. ₦20,000
C. ₦30,000
D. ₦15,000
Correct Answer
A
Correct Option:
₦25,000

About This Question

This is Post Utme Unn 2017 Accounting Question 17. It is one of the objective questions from the 2017 Post Utme Unn Accounting examination.

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