Post Utme Delsu 2020 Accounting Question 31

Practice objective / multiple choice question 31 from the 2020 Post Utme Delsu Accounting examination.

Post Utme Delsu 2020 Accounting Objective / Multiple Choice
Question 31 POST_UTME_DELSU • 2020 • ACCOUNTING • objective

A company issued 10,000 shares of ₦ 1 each at a premium of ₦ 2 per share. The company also issued 5,000 10% debentures of ₦ 100 each. Calculate the total amount received from the issue of shares and debentures.

Answer Options

A. ₦ 210,000
B. ₦ 220,000
C. ₦ 230,000
Correct Answer D. ₦ 240,000
Correct Answer
D
Correct Option:
₦ 240,000

About This Question

This is Post Utme Delsu 2020 Accounting Question 31. It is one of the objective questions from the 2020 Post Utme Delsu Accounting examination.

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