Post Utme Crawford University 2017 Accounting Question 1

Practice objective / multiple choice question 1 from the 2017 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2017 Accounting Objective / Multiple Choice
Question 1 POST_UTME_CRAWFORD_UNIVERSITY • 2017 • ACCOUNTING • objective

A company issued 10,000 shares of ₦1 each at a premium of ₦0.50 per share. If the issue expenses were ₦ 5,000, calculate the amount received from the issue of shares.

Answer Options

Correct Answer A. ₦10,500
B. ₦12,500
C. ₦15,000
D. ₦17,500
Correct Answer
A
Correct Option:
₦10,500

About This Question

This is Post Utme Crawford University 2017 Accounting Question 1. It is one of the objective questions from the 2017 Post Utme Crawford University Accounting examination.

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