Post Utme Lead City University 2023 Accounting Question 12

Practice objective / multiple choice question 12 from the 2023 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2023 Accounting Objective / Multiple Choice
Question 12 POST_UTME_LEAD_CITY_UNIVERSITY • 2023 • ACCOUNTING • objective

A company issues 1,000 shares of 10 par value at 15 per share. What is the amount of cash received from the issue of shares?

Answer Options

Correct Answer A. 15,000
B. 10,000
C. 15,000,000
D. 10,000,000
Correct Answer
A
Correct Option:
15,000

About This Question

This is Post Utme Lead City University 2023 Accounting Question 12. It is one of the objective questions from the 2023 Post Utme Lead City University Accounting examination.

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