Post Utme Elizade University 2017 Accounting Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2017 Accounting Objective / Multiple Choice
Question 12 POST_UTME_ELIZADE_UNIVERSITY • 2017 • ACCOUNTING • objective

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

Answer Options

A. ₦150,000
B. ₦160,000
C. ₦170,000
Correct Answer D. ₦180,000
Correct Answer
D
Correct Option:
₦180,000

About This Question

This is Post Utme Elizade University 2017 Accounting Question 12. It is one of the objective questions from the 2017 Post Utme Elizade University Accounting examination.

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