Post Utme Unn 2021 Accounting Question 5
Practice objective / multiple choice question 5 from the 2021 Post Utme Unn Accounting examination.
A company has a capital of ₦1,000,000 and a reserve of ₦500,000. If the company issues 10,000 shares of ₦10 each at a premium of ₦5 per share, calculate the amount of premium received.
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About This Question
This is Post Utme Unn 2021 Accounting Question 5. It is one of the objective questions from the 2021 Post Utme Unn Accounting examination.
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