Post Utme Osustech 2023 Accounting Question 14
Practice objective / multiple choice question 14 from the 2023 Post Utme Osustech Accounting examination.
A company issued 5,000 debentures of 100 each at a premium of 10%. The total amount received from the issue of debentures is 525,000. Calculate the amount received from the issue of debentures in excess of the face value.
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About This Question
This is Post Utme Osustech 2023 Accounting Question 14. It is one of the objective questions from the 2023 Post Utme Osustech Accounting examination.
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