Post Utme Rhema University 2023 Accounting Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2023 Accounting Objective / Multiple Choice
Question 23 POST_UTME_RHEMA_UNIVERSITY • 2023 • ACCOUNTING • objective

A company issues 1,000, 10% shares of ₦10 each at a discount of ₦2. Calculate the amount received from the shareholders.

Answer Options

Correct Answer A. ₦8,000
B. ₦8,000
C. ₦8,000
D. ₦8,000
Correct Answer
A
Correct Option:
₦8,000

About This Question

This is Post Utme Rhema University 2023 Accounting Question 23. It is one of the objective questions from the 2023 Post Utme Rhema University Accounting examination.

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