Post Utme Babcock University 2023 Accounting Question 33

Practice objective / multiple choice question 33 from the 2023 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2023 Accounting Objective / Multiple Choice
Question 33 POST_UTME_BABCOCK_UNIVERSITY • 2023 • ACCOUNTING • objective

A company issued 10,000, 9% debentures of ₦100 each. Calculate the total amount received from debenture holders.

Answer Options

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

About This Question

This is Post Utme Babcock University 2023 Accounting Question 33. It is one of the objective questions from the 2023 Post Utme Babcock University Accounting examination.

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