Post Utme Lautech 2019 Accounting Question 9

Practice objective / multiple choice question 9 from the 2019 Post Utme Lautech Accounting examination.

Post Utme Lautech 2019 Accounting Objective / Multiple Choice
Question 9 POST_UTME_LAUTECH • 2019 • 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

Correct Answer A. ₦1,250
B. ₦1,250.00
C. ₦1,250.00
D. ₦1,250.00
Correct Answer
A
Correct Option:
₦1,250

About This Question

This is Post Utme Lautech 2019 Accounting Question 9. It is one of the objective questions from the 2019 Post Utme Lautech Accounting examination.

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