Post Utme Skyline University 2021 Accounting Question 13

Practice objective / multiple choice question 13 from the 2021 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2021 Accounting Objective / Multiple Choice
Question 13 POST_UTME_SKYLINE_UNIVERSITY • 2021 • ACCOUNTING • objective

A company issues 500 debentures of ₦100 each at a premium of ₦10 per debenture. What is the total amount received from the issue of debentures?

Answer Options

A. ₦50,000
Correct Answer B. ₦55,000
C. ₦60,000
D. ₦65,000
Correct Answer
B
Correct Option:
₦55,000

About This Question

This is Post Utme Skyline University 2021 Accounting Question 13. It is one of the objective questions from the 2021 Post Utme Skyline University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support