Post Utme Abu 2018 Accounting Question 37

Practice objective / multiple choice question 37 from the 2018 Post Utme Abu Accounting examination.

Post Utme Abu 2018 Accounting Objective / Multiple Choice
Question 37 POST_UTME_ABU • 2018 • ACCOUNTING • objective

A company issued 5,000 debentures of ₦1,000 each at a premium of ₦50. Calculate the total amount received from the issue of debentures.

Answer Options

A. ₦50,000
B. ₦100,000
Correct Answer C. ₦150,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Abu 2018 Accounting Question 37. It is one of the objective questions from the 2018 Post Utme Abu Accounting examination.

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