Post Utme Pan Atlantic University 2020 Accounting Question 31

Practice objective / multiple choice question 31 from the 2020 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2020 Accounting Objective / Multiple Choice
Question 31 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2020 • ACCOUNTING • objective

A company has a capital of ₦2,000,000 divided into 20,000 shares of ₦100 each. If the company issues 20% bonus shares, what is the new number of shares?

Answer Options

A. 24,000
B. 24,500
Correct Answer C. 25,000
D. 25,500
Correct Answer
C
Correct Option:
25,000

About This Question

This is Post Utme Pan Atlantic University 2020 Accounting Question 31. It is one of the objective questions from the 2020 Post Utme Pan Atlantic University Accounting examination.

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