Post Utme Ksu 2022 Accounting Question 35

Practice objective / multiple choice question 35 from the 2022 Post Utme Ksu Accounting examination.

Post Utme Ksu 2022 Accounting Objective / Multiple Choice
Question 35 POST_UTME_KSU • 2022 • ACCOUNTING • objective

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

Answer Options

A. ₦150,000
B. ₦155,000
Correct Answer C. ₦160,000
D. ₦165,000
Correct Answer
C
Correct Option:
₦160,000

About This Question

This is Post Utme Ksu 2022 Accounting Question 35. It is one of the objective questions from the 2022 Post Utme Ksu Accounting examination.

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