Post Utme Al Hikmah University 2025 Accounting Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2025 Accounting Objective / Multiple Choice
Question 22 POST_UTME_AL-HIKMAH_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has a capital of ₦0,000 divided into 5,000 shares of ₡0 each. If the company issues 2,000 shares at a premium of ₥0 per share, calculate the amount received from the issue of shares.

Answer Options

A. ₡0,000
Correct Answer B. ₢0,000
C. ₣0,000
D. ₤0,000
Correct Answer
B
Correct Option:
₢0,000

About This Question

This is Post Utme Al Hikmah University 2025 Accounting Question 22. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Accounting examination.

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