Post Utme Ui 2019 Accounting Question 12

Practice objective / multiple choice question 12 from the 2019 Post Utme Ui Accounting examination.

Post Utme Ui 2019 Accounting Objective / Multiple Choice
Question 12 POST_UTME_UI • 2019 • ACCOUNTING • objective

A company issued 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

Correct Answer A. ₦5,500
B. ₦5,000
C. ₦5,100
D. ₦5,200
Correct Answer
A
Correct Option:
₦5,500

About This Question

This is Post Utme Ui 2019 Accounting Question 12. It is one of the objective questions from the 2019 Post Utme Ui Accounting examination.

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