Post Utme Wellspring University 2022 Accounting Question 38

Practice objective / multiple choice question 38 from the 2022 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2022 Accounting Objective / Multiple Choice
Question 38 POST_UTME_WELLSPRING_UNIVERSITY • 2022 • ACCOUNTING • objective

A company issued 10,000 shares of 1 par value at a premium of 50%.

Answer Options

A. ₦100,000
Correct Answer B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Wellspring University 2022 Accounting Question 38. It is one of the objective questions from the 2022 Post Utme Wellspring University Accounting examination.

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