Post Utme Oau 2023 Accounting Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Oau Accounting examination.

Post Utme Oau 2023 Accounting Objective / Multiple Choice
Question 24 POST_UTME_OAU • 2023 • ACCOUNTING • objective

A company issued 5,000 debentures of ₦1,000 each at a premium of ₦50 per debenture. Calculate the total amount received from the issue of debentures.

Answer Options

A. ₦50,000
B. ₦55,000
C. ₦60,000
Correct Answer D. ₦65,000
Correct Answer
D
Correct Option:
₦65,000

About This Question

This is Post Utme Oau 2023 Accounting Question 24. It is one of the objective questions from the 2023 Post Utme Oau Accounting examination.

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