Post Utme Covenant University 2018 Accounting Question 17
Practice objective / multiple choice question 17 from the 2018 Post Utme Covenant University Accounting examination.
A company has a capital of ₦1,500,000 and a reserve of ₦300,000. The company issues 15,000, 10% shares of ₦10 each at a premium of ₦3. Calculate the amount received from share holders.
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About This Question
This is Post Utme Covenant University 2018 Accounting Question 17. It is one of the objective questions from the 2018 Post Utme Covenant University Accounting examination.
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