Post Utme Unn 2018 Accounting Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Unn Accounting examination.

Post Utme Unn 2018 Accounting Objective / Multiple Choice
Question 27 POST_UTME_UNN • 2018 • ACCOUNTING • objective

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

Answer Options

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

About This Question

This is Post Utme Unn 2018 Accounting Question 27. It is one of the objective questions from the 2018 Post Utme Unn Accounting examination.

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