Post Utme Rsu 2020 Accounting Question 1

Practice objective / multiple choice question 1 from the 2020 Post Utme Rsu Accounting examination.

Post Utme Rsu 2020 Accounting Objective / Multiple Choice
Question 1 POST_UTME_RSU • 2020 • ACCOUNTING • objective

A company issues 10,000 shares of ₦1 each at a premium of ₦0.50 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. ₦10,000
Correct Answer B. ₦10,500
C. ₦11,000
D. ₦11,500
Correct Answer
B
Correct Option:
₦10,500

About This Question

This is Post Utme Rsu 2020 Accounting Question 1. It is one of the objective questions from the 2020 Post Utme Rsu 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