Post Utme Crawford University 2025 Accounting Question 11

Practice objective / multiple choice question 11 from the 2025 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2025 Accounting Objective / Multiple Choice
Question 11 POST_UTME_CRAWFORD_UNIVERSITY • 2025 • ACCOUNTING • objective

A company issues 5,000, 10% debentures of ₦100 each at a premium of 10%. Calculate the total premium received.

Answer Options

A. ₦50,000
Correct Answer B. ₦50,500
C. ₦50,000
D. ₦50,500
Correct Answer
B
Correct Option:
₦50,500

About This Question

This is Post Utme Crawford University 2025 Accounting Question 11. It is one of the objective questions from the 2025 Post Utme Crawford University Accounting examination.

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