Post Utme Crawford University 2022 Accounting Question 28

Practice objective / multiple choice question 28 from the 2022 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2022 Accounting Objective / Multiple Choice
Question 28 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • ACCOUNTING • objective

A company issues 10,000 shares of ₦1 each at a premium of ₦0.50 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. ₦5,500
B. ₦5,5000
Correct Answer C. ₦5,500
D. ₦5,5000
Correct Answer
C
Correct Option:
₦5,500

About This Question

This is Post Utme Crawford University 2022 Accounting Question 28. It is one of the objective questions from the 2022 Post Utme Crawford University Accounting examination.

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