Post Utme Unn 2019 Accounting Question 6

Practice objective / multiple choice question 6 from the 2019 Post Utme Unn Accounting examination.

Post Utme Unn 2019 Accounting Objective / Multiple Choice
Question 6 POST_UTME_UNN • 2019 • ACCOUNTING • objective

A company issued 10,000 shares of 1 par value at a premium of 3 per share. How much was the total amount received from the issue of shares?

Answer Options

A. ₦30,000,000
Correct Answer B. ₦40,000,000
C. ₦50,000,000
D. ₦60,000,000
Correct Answer
B
Correct Option:
₦40,000,000

About This Question

This is Post Utme Unn 2019 Accounting Question 6. It is one of the objective questions from the 2019 Post Utme Unn Accounting examination.

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