Post Utme Crawford University 2025 Accounting Question 1

Practice objective / multiple choice question 1 from the 2025 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2025 Accounting Objective / Multiple Choice
Question 1 POST_UTME_CRAWFORD_UNIVERSITY • 2025 • ACCOUNTING • objective

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

Answer Options

A. ₦1,000,000
Correct Answer B. ₦1,050,000
C. ₦1,100,000
D. ₦1,150,000
Correct Answer
B
Correct Option:
₦1,050,000

About This Question

This is Post Utme Crawford University 2025 Accounting Question 1. It is one of the objective questions from the 2025 Post Utme Crawford University Accounting examination.

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