Post Utme Eksu 2020 Accounting Question 15

Practice objective / multiple choice question 15 from the 2020 Post Utme Eksu Accounting examination.

Post Utme Eksu 2020 Accounting Objective / Multiple Choice
Question 15 POST_UTME_EKSU • 2020 • ACCOUNTING • objective

A company issued 20,000 shares of 2 par value. If the market value of the shares is 10, what is the amount of shareholders' equity?

Answer Options

A. \40,000
B. \200,000
Correct Answer C. \240,000
D. \280,000
Correct Answer
C
Correct Option:
\240,000

About This Question

This is Post Utme Eksu 2020 Accounting Question 15. It is one of the objective questions from the 2020 Post Utme Eksu Accounting examination.

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