Post Utme Covenant University 2020 Accounting Question 36

Practice objective / multiple choice question 36 from the 2020 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2020 Accounting Objective / Multiple Choice
Question 36 POST_UTME_COVENANT_UNIVERSITY • 2020 • ACCOUNTING • objective

A company issued 10,000 shares of 1 par value at a premium of 50%.

Answer Options

A. ₦100,000
Correct Answer B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Covenant University 2020 Accounting Question 36. It is one of the objective questions from the 2020 Post Utme Covenant University Accounting examination.

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