Post Utme Aaua 2022 Accounting Question 20

Practice objective / multiple choice question 20 from the 2022 Post Utme Aaua Accounting examination.

Post Utme Aaua 2022 Accounting Objective / Multiple Choice
Question 20 POST_UTME_AAUA • 2022 • ACCOUNTING • objective

A company issues 10,000 9% debentures of ₦100 each at a premium of 5%. Calculate the amount received from the debenture holders.

Answer Options

A. ₦1,050,000
B. ₦1,100,000
Correct Answer C. ₦1,150,000
D. ₦1,200,000
Correct Answer
C
Correct Option:
₦1,150,000

About This Question

This is Post Utme Aaua 2022 Accounting Question 20. It is one of the objective questions from the 2022 Post Utme Aaua Accounting examination.

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