Post Utme Delsu 2022 Accounting Question 21

Practice objective / multiple choice question 21 from the 2022 Post Utme Delsu Accounting examination.

Post Utme Delsu 2022 Accounting Objective / Multiple Choice
Question 21 POST_UTME_DELSU • 2022 • ACCOUNTING • objective

A company issued 10,000 shares of 50% preference shares at ₦10 each. The company also issued 10,000 ordinary shares at ₦5 each. Calculate the total amount received from the issue of shares.

Answer Options

A. ₦150,000
B. ₦200,000
C. ₦250,000
Correct Answer D. ₦300,000
Correct Answer
D
Correct Option:
₦300,000

About This Question

This is Post Utme Delsu 2022 Accounting Question 21. It is one of the objective questions from the 2022 Post Utme Delsu Accounting examination.

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