Post Utme Unn 2021 Accounting Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Unn Accounting examination.

Post Utme Unn 2021 Accounting Objective / Multiple Choice
Question 28 POST_UTME_UNN • 2021 • ACCOUNTING • objective

A company issues 5,000 shares of ₦1 each at a premium of ₦0.25 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. ₦12,500
Correct Answer B. ₦12,750
C. ₦13,000
D. ₦13,250
Correct Answer
B
Correct Option:
₦12,750

About This Question

This is Post Utme Unn 2021 Accounting Question 28. It is one of the objective questions from the 2021 Post Utme Unn Accounting examination.

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