Post Utme Greenfield University 2019 Accounting Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2019 Accounting Objective / Multiple Choice
Question 10 POST_UTME_GREENFIELD_UNIVERSITY • 2019 • 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 capital raised?

Answer Options

A. ₦1,500,000
Correct Answer B. ₦1,600,000
C. ₦1,700,000
D. ₦1,800,000
Correct Answer
B
Correct Option:
₦1,600,000

About This Question

This is Post Utme Greenfield University 2019 Accounting Question 10. It is one of the objective questions from the 2019 Post Utme Greenfield University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support