Post Utme Oau 2017 Accounting Question 6

Practice objective / multiple choice question 6 from the 2017 Post Utme Oau Accounting examination.

Post Utme Oau 2017 Accounting Objective / Multiple Choice
Question 6 POST_UTME_OAU • 2017 • ACCOUNTING • objective

A company issued 10,000 shares of 1 par value at a premium of 3 per share. The company also issued 5,000 debentures of 100 each. Calculate the total amount of share capital and debenture capital.

Answer Options

A. ₦150,000
B. ₦250,000
Correct Answer C. ₦350,000
D. ₦450,000
Correct Answer
C
Correct Option:
₦350,000

About This Question

This is Post Utme Oau 2017 Accounting Question 6. It is one of the objective questions from the 2017 Post Utme Oau Accounting examination.

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