Post Utme Bsu 2017 Accounting Question 13

Practice objective / multiple choice question 13 from the 2017 Post Utme Bsu Accounting examination.

Post Utme Bsu 2017 Accounting Objective / Multiple Choice
Question 13 POST_UTME_BSU • 2017 • ACCOUNTING • objective

A company issues 10,000 shares of ₦1 each at a premium of ₦0.50 per share. The company also issues 5,000 debentures of ₦100 each. What is the total amount of share capital and debentures issued?

Answer Options

A. ₦15,000
Correct Answer B. ₦20,000
C. ₦25,000
D. ₦30,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Bsu 2017 Accounting Question 13. It is one of the objective questions from the 2017 Post Utme Bsu Accounting examination.

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