Post Utme Uniport 2017 Accounting Question 3

Practice objective / multiple choice question 3 from the 2017 Post Utme Uniport Accounting examination.

Post Utme Uniport 2017 Accounting Objective / Multiple Choice
Question 3 POST_UTME_UNIPORT • 2017 • ACCOUNTING • objective

A company has the following balance sheet: | Asset | Liability | Equity | | --- | --- | --- | | 100,000 | 50,000 | 50,000 | If the company issues 10,000 shares at ₦10 per share, what will be the new equity?

Answer Options

A. ₦60,000
B. ₦70,000
C. ₦80,000
Correct Answer D. ₦90,000
Correct Answer
D
Correct Option:
₦90,000

About This Question

This is Post Utme Uniport 2017 Accounting Question 3. It is one of the objective questions from the 2017 Post Utme Uniport Accounting examination.

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