Post Utme Oau 2021 Accounting Question 31

Practice objective / multiple choice question 31 from the 2021 Post Utme Oau Accounting examination.

Post Utme Oau 2021 Accounting Objective / Multiple Choice
Question 31 POST_UTME_OAU • 2021 • ACCOUNTING • objective

A company issued 5,000 shares of ₦1 each at a premium of ₦0.50 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. ₣0,250
Correct Answer B. ₣1,250
C. ₣2,500
D. ₣3,750
Correct Answer
B
Correct Option:
₣1,250

About This Question

This is Post Utme Oau 2021 Accounting Question 31. It is one of the objective questions from the 2021 Post Utme Oau Accounting examination.

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