Post Utme Rsu 2018 Accounting Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Rsu Accounting examination.

Post Utme Rsu 2018 Accounting Objective / Multiple Choice
Question 13 POST_UTME_RSU • 2018 • ACCOUNTING • objective

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

Answer Options

A. ₦ 5,250
B. ₦ 5,500
Correct Answer C. ₦ 5,750
D. ₦ 6,000
Correct Answer
C
Correct Option:
₦ 5,750

About This Question

This is Post Utme Rsu 2018 Accounting Question 13. It is one of the objective questions from the 2018 Post Utme Rsu Accounting examination.

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