Post Utme Afe Babalola University 2019 Accounting Question 24
Practice objective / multiple choice question 24 from the 2019 Post Utme Afe Babalola University Accounting examination.
A company issued 5,000 debentures of £ 100 each at a premium of £ 10 per debenture. The company received £ 500,000 as debenture issue proceeds. Calculate the amount of debenture premium.
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This is Post Utme Afe Babalola University 2019 Accounting Question 24. It is one of the objective questions from the 2019 Post Utme Afe Babalola University Accounting examination.
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