Post Utme Uniosun 2023 Accounting Question 16

Practice objective / multiple choice question 16 from the 2023 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2023 Accounting Objective / Multiple Choice
Question 16 POST_UTME_UNIOSUN • 2023 • ACCOUNTING • objective

A company issued 10,000 shares of 1 par value at a premium of 3 per share. The company also issued 5,000 debentures of 100 each. Calculate the total amount received from the issue of shares and debentures.

Answer Options

A. ₦150,000
B. ₦175,000
Correct Answer C. ₦200,000
D. ₦225,000
Correct Answer
C
Correct Option:
₦200,000

About This Question

This is Post Utme Uniosun 2023 Accounting Question 16. It is one of the objective questions from the 2023 Post Utme Uniosun Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support