Post Utme Noun 2019 Accounting Question 39

Practice objective / multiple choice question 39 from the 2019 Post Utme Noun Accounting examination.

Post Utme Noun 2019 Accounting Objective / Multiple Choice
Question 39 POST_UTME_NOUN • 2019 • ACCOUNTING • objective

A company issued 10,000 shares of ₦.50 each at a premium of ₦0.25 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. ₦10,250
Correct Answer B. ₦10,250.50
C. ₦10,251
D. ₦10,251.50
Correct Answer
B
Correct Option:
₦10,250.50

About This Question

This is Post Utme Noun 2019 Accounting Question 39. It is one of the objective questions from the 2019 Post Utme Noun Accounting examination.

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