Post Utme Lasu 2021 Accounting Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Lasu Accounting examination.

Post Utme Lasu 2021 Accounting Objective / Multiple Choice
Question 14 POST_UTME_LASU • 2021 • ACCOUNTING • objective

A company issued 5,000 shares of £ 1 each at a premium of £ 0.25 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. £ 12,500
Correct Answer B. £ 12,750
C. £ 13,000
D. £ 13,250
Correct Answer
B
Correct Option:
£ 12,750

About This Question

This is Post Utme Lasu 2021 Accounting Question 14. It is one of the objective questions from the 2021 Post Utme Lasu Accounting examination.

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