Post Utme Mountain Top University 2021 Accounting Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2021 Accounting Objective / Multiple Choice
Question 32 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2021 • ACCOUNTING • objective

A company issued 10,000 shares of 1 par value at 5 per share. What is the amount of cash received from the issue of shares?

Answer Options

A. ₦50,000
Correct Answer B. ₦100,000
C. ₦150,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦100,000

About This Question

This is Post Utme Mountain Top University 2021 Accounting Question 32. It is one of the objective questions from the 2021 Post Utme Mountain Top University Accounting examination.

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