Post Utme Eksu 2025 Accounting Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Eksu Accounting examination.

Post Utme Eksu 2025 Accounting Objective / Multiple Choice
Question 10 POST_UTME_EKSU • 2025 • ACCOUNTING • objective

A company issues 10,000, 9% debentures of ₦100 each at a premium of 10%. Calculate the amount received from debenture holders and the amount of premium.

Answer Options

Correct Answer A. ₦1,100,000
B. ₦1,050,000
C. ₦1,000,000
D. ₦950,000
Correct Answer
A
Correct Option:
₦1,100,000

About This Question

This is Post Utme Eksu 2025 Accounting Question 10. It is one of the objective questions from the 2025 Post Utme Eksu Accounting examination.

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