Post Utme Esut 2024 Accounting Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Esut Accounting examination.

Post Utme Esut 2024 Accounting Objective / Multiple Choice
Question 30 POST_UTME_ESUT • 2024 • ACCOUNTING • objective

A company issued 5,000 debentures of ₦100 each at a premium of ₦20 per debenture. Calculate the total amount received from the issue of debentures.

Answer Options

Correct Answer A. ₦1,050,000
B. ₦1,000,000
C. ₦1,050,500
D. ₦1,050,000
Correct Answer
A
Correct Option:
₦1,050,000

About This Question

This is Post Utme Esut 2024 Accounting Question 30. It is one of the objective questions from the 2024 Post Utme Esut Accounting examination.

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