Post Utme Covenant University 2018 Accounting Question 15
Practice objective / multiple choice question 15 from the 2018 Post Utme Covenant University Accounting examination.
A company has a capital of ₦1,000,000 and a reserve of ₦200,000. The company issues 10,000, 10% shares of ₦10 each at a premium of ₦2. Calculate the amount received from share holders.
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About This Question
This is Post Utme Covenant University 2018 Accounting Question 15. It is one of the objective questions from the 2018 Post Utme Covenant University Accounting examination.
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