Post Utme Christopher University 2018 Accounting Question 15

Practice objective / multiple choice question 15 from the 2018 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2018 Accounting Objective / Multiple Choice
Question 15 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • ACCOUNTING • objective

A company issued 10,000 shares of ₦10 each at a premium of ₦2 per share. The issue expenses were ₦20,000. Calculate the amount of share capital and the amount of share premium.

Answer Options

Correct Answer A. ₦220,000
B. ₦240,000
C. ₦260,000
D. ₦280,000
Correct Answer
A
Correct Option:
₦220,000

About This Question

This is Post Utme Christopher University 2018 Accounting Question 15. It is one of the objective questions from the 2018 Post Utme Christopher University Accounting examination.

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