Post Utme Bowen University 2018 Accounting Question 29

Practice objective / multiple choice question 29 from the 2018 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2018 Accounting Objective / Multiple Choice
Question 29 POST_UTME_BOWEN_UNIVERSITY • 2018 • ACCOUNTING • objective

A company issued 10,000, 5% shares of ₦10 each at a premium of ₦2. Calculate the amount received from the share holders.

Answer Options

A. ₦120,000
Correct Answer B. ₦125,000
C. ₦130,000
D. ₦135,000
Correct Answer
B
Correct Option:
₦125,000

About This Question

This is Post Utme Bowen University 2018 Accounting Question 29. It is one of the objective questions from the 2018 Post Utme Bowen University Accounting examination.

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