Post Utme Unilag 2020 Accounting Question 16

Practice objective / multiple choice question 16 from the 2020 Post Utme Unilag Accounting examination.

Post Utme Unilag 2020 Accounting Objective / Multiple Choice

Question 16 POST_UTME_UNILAG • 2020 • ACCOUNTING • objective

A company issued 10,000, 10% debentures of ₦100 each. Calculate the total amount received from debenture holders.

Answer Options

A. ₦1,000,000

B. ₦1,500,000

Correct Answer C. ₦2,000,000

D. ₦2,500,000

Correct Answer

Correct Option:

₦2,000,000

About This Question

This is Post Utme Unilag 2020 Accounting Question 16. It is one of the objective questions from the 2020 Post Utme Unilag Accounting examination.

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