Post Utme Ims U 2020 Accounting Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Ims U Accounting examination.

Post Utme Ims U 2020 Accounting Objective / Multiple Choice
Question 14 POST_UTME_IMS_U • 2020 • ACCOUNTING • objective

A company issued 10,000, 10% preference shares of ₦10 each. Calculate the amount of dividend payable annually.

Answer Options

Correct Answer A. ₦10,000
B. ₦10,500
C. ₦10,000.50
D. ₦10,000.25
Correct Answer
A
Correct Option:
₦10,000

About This Question

This is Post Utme Ims U 2020 Accounting Question 14. It is one of the objective questions from the 2020 Post Utme Ims U Accounting examination.

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