Use the following to answer the question below Oleku (Nig.) Limited issued 100,000 ordinary shares

FINANCIAL
POST UTME OAU

Use the following to answer the question below Oleku (Nig.) Limited issued 100,000 ordinary shares of ?1 each at a market value of ?2.50 each. The share premium is

  • A) ?250,000
  • B) ?20,000
  • C) ?100,000
  • D) ?150,000

Correct Answer: D) ?150,000



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