Post Utme Aaua 2021 Accounting Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Aaua Accounting examination.

Post Utme Aaua 2021 Accounting Objective / Multiple Choice
Question 36 POST_UTME_AAUA • 2021 • ACCOUNTING • objective

A company issued 10,000 shares of ₦10 each at a premium of ₦5 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. ₦100,000
B. ₦150,000
C. ₦200,000
Correct Answer D. ₦250,000
Correct Answer
D
Correct Option:
₦250,000

About This Question

This is Post Utme Aaua 2021 Accounting Question 36. It is one of the objective questions from the 2021 Post Utme Aaua Accounting examination.

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