Post Utme Lautech 2022 Accounting Question 36
Practice objective / multiple choice question 36 from the 2022 Post Utme Lautech Accounting examination.
A company has two types of shares: ordinary and preference. The ordinary shares have a par value of ₦10 each, while the preference shares have a par value of ₦5 each. If the company issues 1,000 ordinary shares and 500 preference shares, what is the total par value of the issued shares?
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About This Question
This is Post Utme Lautech 2022 Accounting Question 36. It is one of the objective questions from the 2022 Post Utme Lautech Accounting examination.
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