Post Utme Uniport 2022 Accounting Question 32

Practice objective / multiple choice question 32 from the 2022 Post Utme Uniport Accounting examination.

Post Utme Uniport 2022 Accounting Objective / Multiple Choice
Question 32 POST_UTME_UNIPORT • 2022 • ACCOUNTING • objective

A company issued 10,000 shares of ₦10 each at a premium of ₦5 per share. The company also issued 5,000 debentures of ₦100 each. What is the total amount received from the issue of shares and debentures?

Answer Options

A. ₦1,500,000
B. ₦1,600,000
C. ₦1,700,000
Correct Answer D. ₦1,800,000
Correct Answer
D
Correct Option:
₦1,800,000

About This Question

This is Post Utme Uniport 2022 Accounting Question 32. It is one of the objective questions from the 2022 Post Utme Uniport Accounting examination.

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