Post Utme Eksu 2023 Accounting Question 26

Practice objective / multiple choice question 26 from the 2023 Post Utme Eksu Accounting examination.

Post Utme Eksu 2023 Accounting Objective / Multiple Choice
Question 26 POST_UTME_EKSU • 2023 • ACCOUNTING • objective

A company issued 10,000 shares of 1 par value at a premium of 3 per share. The company also issued 5,000 debentures of 100 each. Calculate the total amount received from the issue of shares and debentures.

Answer Options

A. ₦150,000
B. ₦250,000
Correct Answer C. ₦350,000
D. ₦450,000
Correct Answer
C
Correct Option:
₦350,000

About This Question

This is Post Utme Eksu 2023 Accounting Question 26. It is one of the objective questions from the 2023 Post Utme Eksu Accounting examination.

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