Post Utme Greenfield University 2018 Accounting Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2018 Accounting Objective / Multiple Choice
Question 2 POST_UTME_GREENFIELD_UNIVERSITY • 2018 • ACCOUNTING • objective

A company issues 1,000 shares of ₦10 each at a premium of ₦5 per share. The company also issues 500 debentures of ₦100 each. What is the total amount of share capital and debentures issued?

Answer Options

A. ₦15,000
B. ₦20,000
Correct Answer C. ₦25,000
D. ₦30,000
Correct Answer
C
Correct Option:
₦25,000

About This Question

This is Post Utme Greenfield University 2018 Accounting Question 2. It is one of the objective questions from the 2018 Post Utme Greenfield University Accounting examination.

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