Post Utme Esut 2020 Accounting Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Esut Accounting examination.

Post Utme Esut 2020 Accounting Objective / Multiple Choice
Question 13 POST_UTME_ESUT • 2020 • ACCOUNTING • objective

A company issues 5,000 debentures of ₦100 each at a premium of 5%. Calculate the total amount received from the issue of debentures.

Answer Options

A. ₦5,00,000
Correct Answer B. ₦5,50,000
C. ₦6,00,000
D. ₦6,50,000
Correct Answer
B
Correct Option:
₦5,50,000

About This Question

This is Post Utme Esut 2020 Accounting Question 13. It is one of the objective questions from the 2020 Post Utme Esut Accounting examination.

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