Post Utme Uniben 2018 Accounting Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Uniben Accounting examination.

Post Utme Uniben 2018 Accounting Objective / Multiple Choice
Question 25 POST_UTME_UNIBEN • 2018 • ACCOUNTING • objective

A company has a capital of ₦1,000,000 and a profit of ₦200,000. If the company issues 10,000 shares of ₦1 each, what is the new capital?

Answer Options

Correct Answer A. ₦1,200,000
B. ₦1,100,000
C. ₦1,200,000
D. ₦1,300,000
Correct Answer
A
Correct Option:
₦1,200,000

About This Question

This is Post Utme Uniben 2018 Accounting Question 25. It is one of the objective questions from the 2018 Post Utme Uniben Accounting examination.

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