Post Utme Uniben 2017 Accounting Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Uniben Accounting examination.

Post Utme Uniben 2017 Accounting Objective / Multiple Choice
Question 19 POST_UTME_UNIBEN • 2017 • ACCOUNTING • objective

A company issues 5,000 shares of £ 1 each at a premium of £ 0.25 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. £ 12,500
B. £ 12,750
Correct Answer C. £ 13,000
D. £ 13,250
Correct Answer
C
Correct Option:
£ 13,000

About This Question

This is Post Utme Uniben 2017 Accounting Question 19. It is one of the objective questions from the 2017 Post Utme Uniben 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