Post Utme Bsu 2023 Accounting Question 31

Practice objective / multiple choice question 31 from the 2023 Post Utme Bsu Accounting examination.

Post Utme Bsu 2023 Accounting Objective / Multiple Choice
Question 31 POST_UTME_BSU • 2023 • ACCOUNTING • objective

A company has the following balance sheet: | Assets | ₦200,000 | | Liabilities | ₦80,000 | | Equity | ₦120,000 | If the company issues 10,000 shares at ₦10 per share, what is the new equity?

Answer Options

A. ₦150,000
B. ₦160,000
Correct Answer C. ₦170,000
D. ₦180,000
Correct Answer
C
Correct Option:
₦170,000

About This Question

This is Post Utme Bsu 2023 Accounting Question 31. It is one of the objective questions from the 2023 Post Utme Bsu Accounting examination.

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