Post Utme Al Hikmah University 2025 Accounting Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2025 Accounting Objective / Multiple Choice
Question 13 POST_UTME_AL-HIKMAH_UNIVERSITY • 2025 • ACCOUNTING • objective

A company issues 10,000 shares of ₦1 each at a premium of ₦0.50 per share. Calculate the total amount received from the issue of shares.

Answer Options

Correct Answer A. ₦5,500
B. ₦5,500.00
C. ₦5,500.00
D. ₦5,500.00
Correct Answer
A
Correct Option:
₦5,500

About This Question

This is Post Utme Al Hikmah University 2025 Accounting Question 13. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Accounting examination.

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