Post Utme Ksu 2022 Accounting Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Ksu Accounting examination.

Post Utme Ksu 2022 Accounting Objective / Multiple Choice
Question 10 POST_UTME_KSU • 2022 • ACCOUNTING • objective

A company issues 1,000 debentures of ₦100 each at a premium of ₦10 per debenture. What is the total amount received from the issue of debentures?

Answer Options

A. ₦100,000
Correct Answer B. ₦110,000
C. ₦120,000
D. ₦130,000
Correct Answer
B
Correct Option:
₦110,000

About This Question

This is Post Utme Ksu 2022 Accounting Question 10. It is one of the objective questions from the 2022 Post Utme Ksu Accounting examination.

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