Post Utme Caleb University 2017 Accounting Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2017 Accounting Objective / Multiple Choice
Question 14 POST_UTME_CALEB_UNIVERSITY • 2017 • ACCOUNTING • objective

A company issues 10,000 shares of common stock at ₦10 per share. Calculate the total amount received from the sale of the shares.

Answer Options

Correct Answer A. ₦100,000
B. ₦110,000
C. ₦120,000
D. ₦130,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Caleb University 2017 Accounting Question 14. It is one of the objective questions from the 2017 Post Utme Caleb University Accounting examination.

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