Post Utme Bells University 2018 Accounting Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Bells University Accounting examination.

Post Utme Bells University 2018 Accounting Objective / Multiple Choice
Question 19 POST_UTME_BELLS_UNIVERSITY • 2018 • ACCOUNTING • objective

A company issued 10,000, 5% shares of ₦10 each at a premium of ₦2. The shares are redeemable at the end of 3 years. Prepare the share capital account.

Answer Options

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

About This Question

This is Post Utme Bells University 2018 Accounting Question 19. It is one of the objective questions from the 2018 Post Utme Bells University Accounting examination.

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