Post Utme Igbinedion University 2024 Accounting Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2024 Accounting Objective / Multiple Choice
Question 8 POST_UTME_IGBINEDION_UNIVERSITY • 2024 • ACCOUNTING • objective

A company issues 10,000 shares of ₦1 par value at ₦5 per share. What is the total amount received from the issue of shares?

Answer Options

A. ₦50,000
B. ₦100,000
C. ₦150,000
Correct Answer D. ₦200,000
Correct Answer
D
Correct Option:
₦200,000

About This Question

This is Post Utme Igbinedion University 2024 Accounting Question 8. It is one of the objective questions from the 2024 Post Utme Igbinedion University Accounting examination.

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