Post Utme Aaua 2017 Accounting Question 30

Practice objective / multiple choice question 30 from the 2017 Post Utme Aaua Accounting examination.

Post Utme Aaua 2017 Accounting Objective / Multiple Choice
Question 30 POST_UTME_AAUA • 2017 • ACCOUNTING • objective

A company issued 10,000 9% debentures of ₦100 each. Calculate the total amount received from debenture holders.

Answer Options

A. ₦1,000,000
B. ₦1,500,000
C. ₦2,000,000
Correct Answer D. ₦2,500,000
Correct Answer
D
Correct Option:
₦2,500,000

About This Question

This is Post Utme Aaua 2017 Accounting Question 30. It is one of the objective questions from the 2017 Post Utme Aaua Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support