Post Utme Uniben 2023 Accounting Question 27

Practice objective / multiple choice question 27 from the 2023 Post Utme Uniben Accounting examination.

Post Utme Uniben 2023 Accounting Objective / Multiple Choice
Question 27 POST_UTME_UNIBEN • 2023 • ACCOUNTING • objective

A company issues 10,000 shares of ₦5 par value at a premium of ₦3 per share. What is the total amount received from the issue of these shares?

Answer Options

A. ₦300,000
Correct Answer B. ₦350,000
C. ₦400,000
D. ₦450,000
Correct Answer
B
Correct Option:
₦350,000

About This Question

This is Post Utme Uniben 2023 Accounting Question 27. It is one of the objective questions from the 2023 Post Utme Uniben Accounting examination.

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