Post Utme Unn 2017 Accounting Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Unn Accounting examination.

Post Utme Unn 2017 Accounting Objective / Multiple Choice
Question 2 POST_UTME_UNN • 2017 • ACCOUNTING • objective

A company issues 1,000 shares of ¥10 par value stock at ¥12 per share. What is the total amount of cash received from the sale of these shares?

Answer Options

A. ¥10,000
Correct Answer B. ¥10,200
C. ¥10,400
D. ¥10,600
Correct Answer
B
Correct Option:
¥10,200

About This Question

This is Post Utme Unn 2017 Accounting Question 2. It is one of the objective questions from the 2017 Post Utme Unn Accounting examination.

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