Post Utme Achievers University 2019 Accounting Question 39

Practice objective / multiple choice question 39 from the 2019 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2019 Accounting Objective / Multiple Choice
Question 39 POST_UTME_ACHIEVERS_UNIVERSITY • 2019 • ACCOUNTING • objective

A company issued 5,000 debentures of £ 100 each at a premium of £ 10 per debenture. Calculate the total amount received from the issue of debentures.

Answer Options

A. ₦50,000
B. ₦55,000
C. ₦60,000
Correct Answer D. ₦65,000
Correct Answer
D
Correct Option:
₦65,000

About This Question

This is Post Utme Achievers University 2019 Accounting Question 39. It is one of the objective questions from the 2019 Post Utme Achievers University Accounting examination.

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