Post Utme Coal City University 2024 Accounting Question 28

Practice objective / multiple choice question 28 from the 2024 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2024 Accounting Objective / Multiple Choice
Question 28 POST_UTME_COAL_CITY_UNIVERSITY • 2024 • ACCOUNTING • objective

A company issued 10,000 shares of ₦.50 each at a premium of ₦0.25 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. ₦1,250
B. ₦1,500
Correct Answer C. ₦1,750
D. ₦2,000
Correct Answer
C
Correct Option:
₦1,750

About This Question

This is Post Utme Coal City University 2024 Accounting Question 28. It is one of the objective questions from the 2024 Post Utme Coal City University Accounting examination.

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