Post Utme Uniosun 2020 Accounting Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2020 Accounting Objective / Multiple Choice
Question 18 POST_UTME_UNIOSUN • 2020 • ACCOUNTING • objective

A company issued 10,000 shares of ₦5 par value at ₦10 per share. If the company also issued 5,000 shares of ₦2 par value at ₦8 per share, what is the total amount received from the sale of shares?

Answer Options

A. ₦150,000
B. ₦160,000
Correct Answer C. ₦170,000
D. ₦180,000
Correct Answer
C
Correct Option:
₦170,000

About This Question

This is Post Utme Uniosun 2020 Accounting Question 18. It is one of the objective questions from the 2020 Post Utme Uniosun Accounting examination.

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