Post Utme Pan Atlantic University 2020 Accounting Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2020 Accounting Objective / Multiple Choice
Question 27 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2020 • ACCOUNTING • objective

A company has a capital of ₦1,000,000 divided into 10,000 shares of ₦100 each. If the company issues 20% bonus shares, what is the new number of shares?

Answer Options

A. 12,000
B. 13,000
Correct Answer C. 14,000
D. 15,000
Correct Answer
C
Correct Option:
14,000

About This Question

This is Post Utme Pan Atlantic University 2020 Accounting Question 27. It is one of the objective questions from the 2020 Post Utme Pan Atlantic 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