Post Utme Unilorin 2018 Accounting Question 15
Practice objective / multiple choice question 15 from the 2018 Post Utme Unilorin Accounting examination.
A company issued 10,000, 5% preference shares of ₦50 each at a premium of 10%. The company also issued 5,000, 8% debentures of ₦100 each at a discount of 5%. Calculate the total amount received from the issue of preference shares and debentures.
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About This Question
This is Post Utme Unilorin 2018 Accounting Question 15. It is one of the objective questions from the 2018 Post Utme Unilorin Accounting examination.
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