Post Utme Afe Babalola University 2017 Accounting Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2017 Accounting Objective / Multiple Choice
Question 12 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • ACCOUNTING • objective

A company issues 1,000 shares of stock at ₦10 per share. What is the total amount of cash received from the sale of these shares?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Afe Babalola University 2017 Accounting Question 12. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Accounting examination.

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