Post Utme Delsu 2021 Accounting Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Delsu Accounting examination.

Post Utme Delsu 2021 Accounting Objective / Multiple Choice
Question 38 POST_UTME_DELSU • 2021 • ACCOUNTING • objective

A company issued 5,000 shares of ₦10 each at a premium of ₦2 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. ₦50,000
B. ₦60,000
C. ₦70,000
Correct Answer D. ₦80,000
Correct Answer
D
Correct Option:
₦80,000

About This Question

This is Post Utme Delsu 2021 Accounting Question 38. It is one of the objective questions from the 2021 Post Utme Delsu Accounting examination.

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