Post Utme Osustech 2025 Accounting Question 31

Practice objective / multiple choice question 31 from the 2025 Post Utme Osustech Accounting examination.

Post Utme Osustech 2025 Accounting Objective / Multiple Choice
Question 31 POST_UTME_OSUSTECH • 2025 • ACCOUNTING • objective

A company issues 10,000 shares of N5 each at a premium of N2 per share. The company also issues 5,000 debentures of N100 each. Calculate the total amount received from the issue of shares and debentures.

Answer Options

A. ₦1,500,000
Correct Answer B. ₦2,000,000
C. ₦2,500,000
D. ₦3,000,000
Correct Answer
B
Correct Option:
₦2,000,000

About This Question

This is Post Utme Osustech 2025 Accounting Question 31. It is one of the objective questions from the 2025 Post Utme Osustech Accounting examination.

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