Post Utme Ksu 2019 Accounting Question 10

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

Post Utme Ksu 2019 Accounting Objective / Multiple Choice
Question 10 POST_UTME_KSU • 2019 • ACCOUNTING • objective

A company has a capital of ₦ 100,000, divided into 10,000 shares of ₦ 10 each. The company also has 1,000 10% debentures of ₦ 100 each. If the company makes a profit of ₦ 25,000, how much will the shareholders receive?

Answer Options

Correct Answer A. ₦ 25,000
B. ₦ 30,000
C. ₦ 35,000
D. ₦ 40,000
Correct Answer
A
Correct Option:
₦ 25,000

About This Question

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

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