Post Utme Crawford University 2021 Accounting Question 21

Practice objective / multiple choice question 21 from the 2021 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2021 Accounting Objective / Multiple Choice
Question 21 POST_UTME_CRAWFORD_UNIVERSITY • 2021 • ACCOUNTING • objective

A company issues 10,000, 10% debentures of ₦100 each at a premium of 10%. Calculate the total amount received from debenture holders.

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 Crawford University 2021 Accounting Question 21. It is one of the objective questions from the 2021 Post Utme Crawford University Accounting examination.

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