Post Utme Eksu 2025 Accounting Question 30

Practice objective / multiple choice question 30 from the 2025 Post Utme Eksu Accounting examination.

Post Utme Eksu 2025 Accounting Objective / Multiple Choice
Question 30 POST_UTME_EKSU • 2025 • ACCOUNTING • objective

A company issued 10,000, 8% preference shares of ₦10 each at a premium of ₦2. Calculate the amount received from the shareholders.

Answer Options

A. ₦200,000
B. ₦220,000
Correct Answer C. ₦240,000
D. ₦260,000
Correct Answer
C
Correct Option:
₦240,000

About This Question

This is Post Utme Eksu 2025 Accounting Question 30. It is one of the objective questions from the 2025 Post Utme Eksu Accounting examination.

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