Post Utme Rsu 2021 Accounting Question 1

Practice objective / multiple choice question 1 from the 2021 Post Utme Rsu Accounting examination.

Post Utme Rsu 2021 Accounting Objective / Multiple Choice
Question 1 POST_UTME_RSU • 2021 • ACCOUNTING • objective

A company issued 10,000 shares of ₦ 10 each at a premium of ₦ 5 per share. The issue expenses were ₦ 50,000. Calculate the amount of share capital.

Answer Options

A. ₦ 100,000
Correct Answer B. ₦ 150,000
C. ₦ 200,000
D. ₦ 250,000
Correct Answer
B
Correct Option:
₦ 150,000

About This Question

This is Post Utme Rsu 2021 Accounting Question 1. It is one of the objective questions from the 2021 Post Utme Rsu Accounting examination.

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