Post Utme Nile University 2024 Accounting Question 43

Practice objective / multiple choice question 43 from the 2024 Post Utme Nile University Accounting examination.

Post Utme Nile University 2024 Accounting Objective / Multiple Choice
Question 43 POST_UTME_NILE_UNIVERSITY • 2024 • ACCOUNTING • objective

A company issued 10,000 ordinary shares of ₦10 each at a premium of ₦5 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. ₦105,000
B. ₦105,000
C. ₦105,000
D. ₦105,000
Correct Answer
N/A

About This Question

This is Post Utme Nile University 2024 Accounting Question 43. It is one of the objective questions from the 2024 Post Utme Nile University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support