Post Utme Eksu 2025 Accounting Question 23

Practice objective / multiple choice question 23 from the 2025 Post Utme Eksu Accounting examination.

Post Utme Eksu 2025 Accounting Objective / Multiple Choice
Question 23 POST_UTME_EKSU • 2025 • ACCOUNTING • objective

A company issued 10,000 shares of its common stock at a par value of ₦10 per share. If the company also issued 5,000 shares of its preferred stock at a par value of ₦20 per share, what is the total par value of the company's issued stock?

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Eksu 2025 Accounting Question 23. It is one of the objective questions from the 2025 Post Utme Eksu Accounting examination.

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