Post Utme Bells University 2025 Accounting Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Bells University Accounting examination.

Post Utme Bells University 2025 Accounting Objective / Multiple Choice
Question 10 POST_UTME_BELLS_UNIVERSITY • 2025 • ACCOUNTING • objective

A company issues 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. ₦525,000
B. ₦550,000
C. ₦575,000
Correct Answer D. ₦600,000
Correct Answer
D
Correct Option:
₦600,000

About This Question

This is Post Utme Bells University 2025 Accounting Question 10. It is one of the objective questions from the 2025 Post Utme Bells University Accounting examination.

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