Post Utme Aaua 2024 Accounting Question 35

Practice objective / multiple choice question 35 from the 2024 Post Utme Aaua Accounting examination.

Post Utme Aaua 2024 Accounting Objective / Multiple Choice
Question 35 POST_UTME_AAUA • 2024 • ACCOUNTING • objective

A company has the following balance sheet as at 31st December 2023.

Answer Options

A. Debit Share Capital £ 100,000, Credit Share Premium £ 20,000
Correct Answer B. Debit Share Capital £ 100,000, Credit Share Premium £ 10,000
C. Debit Share Capital £ 100,000, Credit Share Premium £ 30,000
D. Debit Share Capital £ 100,000, Credit Share Premium £ 40,000
Correct Answer
B
Correct Option:
Debit Share Capital £ 100,000, Credit Share Premium £ 10,000

About This Question

This is Post Utme Aaua 2024 Accounting Question 35. It is one of the objective questions from the 2024 Post Utme Aaua Accounting examination.

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