Post Utme Bsu 2025 Accounting Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Bsu Accounting examination.

Post Utme Bsu 2025 Accounting Objective / Multiple Choice
Question 14 POST_UTME_BSU • 2025 • ACCOUNTING • objective

A company issued 10,000 shares of ₦10 each at a premium of ₦5 per share. If the issue expenses were ₦20,000, how much will be credited to the share capital account?

Answer Options

Correct Answer A. ₦150,000
B. ₦120,000
C. ₦100,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Bsu 2025 Accounting Question 14. It is one of the objective questions from the 2025 Post Utme Bsu Accounting examination.

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