Post Utme Oau 2020 Accounting Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Oau Accounting examination.

Post Utme Oau 2020 Accounting Objective / Multiple Choice
Question 23 POST_UTME_OAU • 2020 • ACCOUNTING • objective

A company issued 5,000 shares of ₦10 each at a premium of ₦2. The company also issued 1,000 debentures of ₦100 each at a discount of ₦5. Calculate the total amount received from the issue of these shares and debentures.

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 2020 Accounting Question 23. It is one of the objective questions from the 2020 Post Utme Oau Accounting examination.

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