Post Utme Aaua 2023 Accounting Question 22
Practice objective / multiple choice question 22 from the 2023 Post Utme Aaua Accounting examination.
A company's balance sheet as at December 31, 2022, is as follows: ₦ Cash ₦1,000,000; ₦ Accounts Payable ₦500,000; ₦ Common Stock ₦2,000,000. If the company issues 10,000 shares of common stock at ₦100 per share, what is the new balance of common stock?
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This is Post Utme Aaua 2023 Accounting Question 22. It is one of the objective questions from the 2023 Post Utme Aaua Accounting examination.
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