Post Utme Uniosun 2020 Accounting Question 6

Practice objective / multiple choice question 6 from the 2020 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2020 Accounting Objective / Multiple Choice
Question 6 POST_UTME_UNIOSUN • 2020 • ACCOUNTING • objective

A company issued 10,000 shares of ₦ 1 each at a premium of ₦ 2 per share. If the issue expenses were ₦ 10,000, calculate the amount of share capital.

Answer Options

A. ₦ 120,000
Correct Answer B. ₦ 130,000
C. ₦ 140,000
D. ₦ 150,000
Correct Answer
B
Correct Option:
₦ 130,000

About This Question

This is Post Utme Uniosun 2020 Accounting Question 6. It is one of the objective questions from the 2020 Post Utme Uniosun Accounting examination.

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