Post Utme Delsu 2017 Accounting Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Delsu Accounting examination.

Post Utme Delsu 2017 Accounting Objective / Multiple Choice
Question 40 POST_UTME_DELSU • 2017 • ACCOUNTING • objective

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

Answer Options

A. £ 1,000
B. £ 1,500
C. £ 2,000
Correct Answer D. £ 2,500
Correct Answer
D
Correct Option:
£ 2,500

About This Question

This is Post Utme Delsu 2017 Accounting Question 40. It is one of the objective questions from the 2017 Post Utme Delsu Accounting examination.

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