Post Utme Babcock University 2018 Accounting Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2018 Accounting Objective / Multiple Choice
Question 14 POST_UTME_BABCOCK_UNIVERSITY • 2018 • ACCOUNTING • objective

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

Answer Options

A. ₦150,000
B. ₦200,000
Correct Answer C. ₦250,000
D. ₦300,000
Correct Answer
C
Correct Option:
₦250,000

About This Question

This is Post Utme Babcock University 2018 Accounting Question 14. It is one of the objective questions from the 2018 Post Utme Babcock University Accounting examination.

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