Post Utme Redeemers University 2017 Accounting Question 36
Practice objective / multiple choice question 36 from the 2017 Post Utme Redeemers University Accounting examination.
A company issued 10,000 shares of ₹10 each at a premium of ₹5 per share. The company also issued 8% debentures of ₹100 each. The debentures are redeemable at ₹120 each after 5 years. Calculate the total amount of share capital and debentures issued.
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About This Question
This is Post Utme Redeemers University 2017 Accounting Question 36. It is one of the objective questions from the 2017 Post Utme Redeemers University Accounting examination.
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