Post Utme Bsu 2020 Accounting Question 1

Practice objective / multiple choice question 1 from the 2020 Post Utme Bsu Accounting examination.

Post Utme Bsu 2020 Accounting Objective / Multiple Choice
Question 1 POST_UTME_BSU • 2020 • ACCOUNTING • objective

A company issued 10,000 ordinary shares of ₦5 each at a premium of ₦2. Calculate the total amount received from the issue of shares.

Answer Options

A. ₦50,000
B. ₦100,000
C. ₦200,000
Correct Answer D. ₦500,000
Correct Answer
D
Correct Option:
₦500,000

About This Question

This is Post Utme Bsu 2020 Accounting Question 1. It is one of the objective questions from the 2020 Post Utme Bsu Accounting examination.

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