Post Utme Crawford University 2017 Accounting Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2017 Accounting Objective / Multiple Choice
Question 33 POST_UTME_CRAWFORD_UNIVERSITY • 2017 • ACCOUNTING • objective

A company issued 10,000 shares of ₦10 each at a premium of ₦5 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. ₦105,000
B. ₦110,000
Correct Answer C. ₦115,000
D. ₦120,000
Correct Answer
C
Correct Option:
₦115,000

About This Question

This is Post Utme Crawford University 2017 Accounting Question 33. It is one of the objective questions from the 2017 Post Utme Crawford University Accounting examination.

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