A document which acknowledges that a company owes a named person a stated sum of money with the promise that a stated interest rate will be paid periodically is called

by Sunday | Aug 17 | Accounting WAEC | 0 comments

A. share certificate
B. preference certificate
C. debenture certificate
D. allotment certificate
E. call certificate

Correct Answer:

Option C – debenture certificate

Users Also Read These:

Recent Posts

Products

Health Team Original price was: ₦1,000.00.Current price is: ₦300.00.
Factors Affecting Health in Nigeria Original price was: ₦1,000.00.Current price is: ₦300.00.
Primary Health Care Principles Original price was: ₦1,000.00.Current price is: ₦300.00.
Nigeria Healthcare Tiers Original price was: ₦1,000.00.Current price is: ₦300.00.
Primary Health Care - Health According To WHO - Referral System Original price was: ₦1,000.00.Current price is: ₦300.00.

Product categories

Earn Your Degree In 3 Years Without Writing UTME. Click Here To Learn More.