Post Utme Afe Babalola University 2023 Accounting Question 17

Practice objective / multiple choice question 17 from the 2023 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2023 Accounting Objective / Multiple Choice
Question 17 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has a capital of ₦1,500,000, divided into 150,000 shares of ₦10 each. The company issues 30,000 debentures of ₦50 each. Prepare the company's balance sheet.

Answer Options

A. ₦1,500,000
Correct Answer B. ₦1,800,000
C. ₦2,000,000
D. ₦2,500,000
Correct Answer
B
Correct Option:
₦1,800,000

About This Question

This is Post Utme Afe Babalola University 2023 Accounting Question 17. It is one of the objective questions from the 2023 Post Utme Afe Babalola University Accounting examination.

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