Post Utme Futa 2020 Accounting Question 5
Practice objective / multiple choice question 5 from the 2020 Post Utme Futa Accounting examination.
A company issued 5,000 debentures of ₦ 100 each at a premium of ₦ 5 per debenture. The issue expenses were ₦ 20,000. Calculate the amount received from the issue of debentures.
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About This Question
This is Post Utme Futa 2020 Accounting Question 5. It is one of the objective questions from the 2020 Post Utme Futa Accounting examination.
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