Post Utme Greenfield University 2021 Accounting Question 11

Practice objective / multiple choice question 11 from the 2021 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2021 Accounting Objective / Multiple Choice
Question 11 POST_UTME_GREENFIELD_UNIVERSITY • 2021 • ACCOUNTING • objective

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

Answer Options

A. ₦50,000
Correct Answer B. ₦100,000
C. ₦200,000
D. ₦500,000
Correct Answer
B
Correct Option:
₦100,000

About This Question

This is Post Utme Greenfield University 2021 Accounting Question 11. It is one of the objective questions from the 2021 Post Utme Greenfield University Accounting examination.

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