Post Utme Lasu 2022 Accounting Question 37

Practice objective / multiple choice question 37 from the 2022 Post Utme Lasu Accounting examination.

Post Utme Lasu 2022 Accounting Objective / Multiple Choice
Question 37 POST_UTME_LASU • 2022 • ACCOUNTING • objective

A company issued 10,000 shares of 1 par value at a premium of 3 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. ₦30,000,000
Correct Answer B. ₦30,100,000
C. ₦30,200,000
D. ₦30,300,000
Correct Answer
B
Correct Option:
₦30,100,000

About This Question

This is Post Utme Lasu 2022 Accounting Question 37. It is one of the objective questions from the 2022 Post Utme Lasu Accounting examination.

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