Post Utme Rsu 2019 Accounting Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Rsu Accounting examination.

Post Utme Rsu 2019 Accounting Objective / Multiple Choice
Question 36 POST_UTME_RSU • 2019 • ACCOUNTING • objective

A company issued 5,000 shares of 10 par value at a premium of 5 per share. If the company received a total of 250,000 from the sale of these shares, what is the total amount of share capital?

Answer Options

A. ₦125,000
B. ₦250,000
Correct Answer C. ₦375,000
D. ₦500,000
Correct Answer
C
Correct Option:
₦375,000

About This Question

This is Post Utme Rsu 2019 Accounting Question 36. It is one of the objective questions from the 2019 Post Utme Rsu Accounting examination.

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