Post Utme Bsu 2019 Accounting Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Bsu Accounting examination.

Post Utme Bsu 2019 Accounting Objective / Multiple Choice
Question 14 POST_UTME_BSU • 2019 • ACCOUNTING • objective

A company issued 10,000, 7% debentures of ₦100 each at a premium of ₦10. Calculate the total amount received from the issue of these debentures.

Answer Options

A. ₦1,000,000
Correct Answer B. ₦1,100,000
C. ₦1,200,000
D. ₦1,300,000
Correct Answer
B
Correct Option:
₦1,100,000

About This Question

This is Post Utme Bsu 2019 Accounting Question 14. It is one of the objective questions from the 2019 Post Utme Bsu Accounting examination.

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