Post Utme Unn 2020 Accounting Question 19

Practice objective / multiple choice question 19 from the 2020 Post Utme Unn Accounting examination.

Post Utme Unn 2020 Accounting Objective / Multiple Choice
Question 19 POST_UTME_UNN • 2020 • ACCOUNTING • objective

A company issued 10,000 9% debentures of ₦100 each on January 1, 2020. Calculate the annual interest payable on the debentures.

Answer Options

Correct Answer A. ₦90,000
B. ₦100,000
C. ₦110,000
D. ₦120,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Unn 2020 Accounting Question 19. It is one of the objective questions from the 2020 Post Utme Unn Accounting examination.

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