Post Utme Veritas University 2023 Accounting Question 33

Practice objective / multiple choice question 33 from the 2023 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2023 Accounting Objective / Multiple Choice
Question 33 POST_UTME_VERITAS_UNIVERSITY • 2023 • ACCOUNTING • objective

A company issued 10,000 debentures of ₦100 each at a premium of ₦0.50 per debenture. Calculate the total amount received from the issue of debentures.

Answer Options

Correct Answer A. ₡0,500,000
B. ₡0,000,000
C. ₡0,500,000
D. ₡0,000,000
Correct Answer
A
Correct Option:
₡0,500,000

About This Question

This is Post Utme Veritas University 2023 Accounting Question 33. It is one of the objective questions from the 2023 Post Utme Veritas University Accounting examination.

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