Post Utme Unilag 2017 Accounting Question 14
Practice objective / multiple choice question 14 from the 2017 Post Utme Unilag Accounting examination.
A company issued 10,000, 8% preference shares of ₦10 each at a premium of ₦2. The company also issued 5,000, 12% debentures of ₦100 each at a discount of 5%. Calculate the amount received from the issue of shares and debentures.
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About This Question
This is Post Utme Unilag 2017 Accounting Question 14. It is one of the objective questions from the 2017 Post Utme Unilag Accounting examination.
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