Post Utme Unn 2024 Accounting Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Unn Accounting examination.

Post Utme Unn 2024 Accounting Objective / Multiple Choice
Question 40 POST_UTME_UNN • 2024 • ACCOUNTING • objective

A company issued 10,000 shares of ₹10 each at a premium of ₹5 per share. The issue expenses were ₹20,000. Calculate the amount of share capital.

Answer Options

A. ₹1,00,000
Correct Answer B. ₹1,20,000
C. ₹1,50,000
D. ₹1,80,000
Correct Answer
B
Correct Option:
₹1,20,000

About This Question

This is Post Utme Unn 2024 Accounting Question 40. It is one of the objective questions from the 2024 Post Utme Unn Accounting examination.

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