Post Utme Ui 2024 Accounting Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Ui Accounting examination.

Post Utme Ui 2024 Accounting Objective / Multiple Choice
Question 9 POST_UTME_UI • 2024 • ACCOUNTING • objective

A company issued 5,000 debentures of ₦1,000 each at a premium of 10%. Calculate the total amount received from the issue of debentures.

Answer Options

A. ₦5,500,000
Correct Answer B. ₦6,000,000
C. ₦6,500,000
D. ₦7,000,000
Correct Answer
B
Correct Option:
₦6,000,000

About This Question

This is Post Utme Ui 2024 Accounting Question 9. It is one of the objective questions from the 2024 Post Utme Ui Accounting examination.

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