Post Utme Crawford University 2022 Accounting Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2022 Accounting Objective / Multiple Choice
Question 18 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • ACCOUNTING • objective

A company issues 1,000 shares of ₦10 each at a premium of ₦2 per share. What is the total amount received from the issue of shares?

Answer Options

A. ₦10,000
B. ₦12,000
C. ₦14,000
Correct Answer D. ₦16,000
Correct Answer
D
Correct Option:
₦16,000

About This Question

This is Post Utme Crawford University 2022 Accounting Question 18. It is one of the objective questions from the 2022 Post Utme Crawford University Accounting examination.

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