Post Utme Esut 2017 Accounting Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Esut Accounting examination.

Post Utme Esut 2017 Accounting Objective / Multiple Choice
Question 25 POST_UTME_ESUT • 2017 • ACCOUNTING • objective

A company issued 10,000 shares of ₦10 each at a premium of ₦5 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. ₦600,000
B. ₦650,000
C. ₦700,000
Correct Answer D. ₦750,000
Correct Answer
D
Correct Option:
₦750,000

About This Question

This is Post Utme Esut 2017 Accounting Question 25. It is one of the objective questions from the 2017 Post Utme Esut Accounting examination.

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