Post Utme Elizade University 2022 Accounting Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2022 Accounting Objective / Multiple Choice
Question 25 POST_UTME_ELIZADE_UNIVERSITY • 2022 • ACCOUNTING • objective

A company issued 5,000 debentures of ₦1,000 each at a premium of 5%. Calculate the total amount received from the sale of debentures.

Answer Options

A. ₦50,000,000
B. ₦55,000,000
C. ₦60,000,000
Correct Answer D. ₦65,000,000
Correct Answer
D
Correct Option:
₦65,000,000

About This Question

This is Post Utme Elizade University 2022 Accounting Question 25. It is one of the objective questions from the 2022 Post Utme Elizade University Accounting examination.

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