Post Utme Unn 2020 Accounting Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Unn Accounting examination.

Post Utme Unn 2020 Accounting Objective / Multiple Choice
Question 23 POST_UTME_UNN • 2020 • ACCOUNTING • objective

A company issued 5,000 8% debentures of ₦50 each on January 1, 2019. Calculate the annual interest payable on the debentures.

Answer Options

A. ₦20,000
B. ₦25,000
Correct Answer C. ₦30,000
D. ₦35,000
Correct Answer
C
Correct Option:
₦30,000

About This Question

This is Post Utme Unn 2020 Accounting Question 23. It is one of the objective questions from the 2020 Post Utme Unn Accounting examination.

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