Post Utme Unn 2018 Accounting Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Unn Accounting examination.

Post Utme Unn 2018 Accounting Objective / Multiple Choice
Question 24 POST_UTME_UNN • 2018 • ACCOUNTING • objective

A company issued 5,000 shares of 1 par value at a premium of 2 per share. If the company received a total of 10,000, what is the total amount of the premium received?

Answer Options

A. ₦5,000
Correct Answer B. ₦10,000
C. ₦15,000
D. ₦20,000
Correct Answer
B
Correct Option:
₦10,000

About This Question

This is Post Utme Unn 2018 Accounting Question 24. It is one of the objective questions from the 2018 Post Utme Unn Accounting examination.

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