Post Utme Pan Atlantic University 2020 Accounting Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2020 Accounting Objective / Multiple Choice
Question 33 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2020 • ACCOUNTING • objective

A company has a capital of ₦3,000,000 divided into 30,000 shares of ₦100 each. If the company issues 25% bonus shares, what is the new number of shares?

Answer Options

A. 37,500
B. 38,000
Correct Answer C. 38,500
D. 39,000
Correct Answer
C
Correct Option:
38,500

About This Question

This is Post Utme Pan Atlantic University 2020 Accounting Question 33. It is one of the objective questions from the 2020 Post Utme Pan Atlantic University Accounting examination.

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