Post Utme Aaua 2018 Accounting Question 2
Practice objective / multiple choice question 2 from the 2018 Post Utme Aaua Accounting examination.
A company issues 1,000 shares of ₦10 each at a premium of ₦5 per share. The proceeds from the issue are used to pay off a loan of ₦500,000. What is the amount of share capital?
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About This Question
This is Post Utme Aaua 2018 Accounting Question 2. It is one of the objective questions from the 2018 Post Utme Aaua Accounting examination.
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