Post Utme Skyline University 2021 Accounting Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2021 Accounting Objective / Multiple Choice
Question 29 POST_UTME_SKYLINE_UNIVERSITY • 2021 • ACCOUNTING • objective

A company issued 5,000 debentures of ₦100 each at a premium of ₦10. Calculate the total amount received from the issue of debentures.

Answer Options

Correct Answer A. ₦525,000
B. ₦500,000
C. ₦550,000
D. ₦520,000
Correct Answer
A
Correct Option:
₦525,000

About This Question

This is Post Utme Skyline University 2021 Accounting Question 29. It is one of the objective questions from the 2021 Post Utme Skyline University Accounting examination.

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