Post Utme Christopher University 2024 Accounting Question 15

Practice objective / multiple choice question 15 from the 2024 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2024 Accounting Objective / Multiple Choice
Question 15 POST_UTME_CHRISTOPHER_UNIVERSITY • 2024 • ACCOUNTING • objective

A company issued 5,000 shares of ₦1 each at a premium of ₦0.25 per share. The company also issued 2,000 debentures of ₦100 each. Calculate the total amount received from the issue of shares and debentures.

Answer Options

A. ₦12,500
B. ₦15,000
C. ₦17,500
Correct Answer D. ₦20,000
Correct Answer
D
Correct Option:
₦20,000

About This Question

This is Post Utme Christopher University 2024 Accounting Question 15. It is one of the objective questions from the 2024 Post Utme Christopher University Accounting examination.

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