Post Utme Lead City University 2022 Accounting Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2022 Accounting Objective / Multiple Choice
Question 19 POST_UTME_LEAD_CITY_UNIVERSITY • 2022 • ACCOUNTING • objective

A company issues 5,000, 12% preference shares of ₦10 each. Calculate the total amount received from preference shareholders.

Answer Options

Correct Answer A. ₦50,000
B. ₦50,000
C. ₦50,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Lead City University 2022 Accounting Question 19. It is one of the objective questions from the 2022 Post Utme Lead City University Accounting examination.

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