Post Utme Osustech 2022 Accounting Question 27

Practice objective / multiple choice question 27 from the 2022 Post Utme Osustech Accounting examination.

Post Utme Osustech 2022 Accounting Objective / Multiple Choice
Question 27 POST_UTME_OSUSTECH • 2022 • ACCOUNTING • objective

A company issued 5,000 debentures of ₦1,000 each at a premium of 10%. Calculate the total amount received from the issue of debentures.

Answer Options

A. ₦5,000,000
Correct Answer B. ₦5,100,000
C. ₦5,200,000
D. ₦5,300,000
Correct Answer
B
Correct Option:
₦5,100,000

About This Question

This is Post Utme Osustech 2022 Accounting Question 27. It is one of the objective questions from the 2022 Post Utme Osustech Accounting examination.

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