Post Utme Unn 2017 Accounting Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Unn Accounting examination.

Post Utme Unn 2017 Accounting Objective / Multiple Choice
Question 33 POST_UTME_UNN • 2017 • ACCOUNTING • objective

A company issued 10,000 shares of ₦10 each at a premium of ₦5 per share. Calculate the total amount received from the issue of shares.

Answer Options

Correct Answer A. ₦105,000
B. ₦105,000
C. ₦105,000
D. ₦105,000
Correct Answer
A
Correct Option:
₦105,000

About This Question

This is Post Utme Unn 2017 Accounting Question 33. It is one of the objective questions from the 2017 Post Utme Unn Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support