Post Utme Oau 2018 Accounting Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Oau Accounting examination.

Post Utme Oau 2018 Accounting Objective / Multiple Choice
Question 20 POST_UTME_OAU • 2018 • ACCOUNTING • objective

A company issues 5,000 debentures of ₦100 each at a premium of ₦5 per debenture. Calculate the total amount received.

Answer Options

A. ₦500,000
B. ₦525,000
Correct Answer C. ₦550,000
D. ₦575,000
Correct Answer
C
Correct Option:
₦550,000

About This Question

This is Post Utme Oau 2018 Accounting Question 20. It is one of the objective questions from the 2018 Post Utme Oau Accounting examination.

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