Post Utme Unilag 2020 Accounting Question 15

Practice objective / multiple choice question 15 from the 2020 Post Utme Unilag Accounting examination.

Post Utme Unilag 2020 Accounting Objective / Multiple Choice
Question 15 POST_UTME_UNILAG • 2020 • ACCOUNTING • objective

A company issues 10,000 shares of ₦1 each at a premium of ₦2 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. ₦20,000
B. ₦22,000
Correct Answer C. ₦24,000
D. ₦26,000
Correct Answer
C
Correct Option:
₦24,000

About This Question

This is Post Utme Unilag 2020 Accounting Question 15. It is one of the objective questions from the 2020 Post Utme Unilag Accounting examination.

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