Post Utme Esut 2025 Accounting Question 19

Practice objective / multiple choice question 19 from the 2025 Post Utme Esut Accounting examination.

Post Utme Esut 2025 Accounting Objective / Multiple Choice
Question 19 POST_UTME_ESUT • 2025 • ACCOUNTING • objective

A company issues 5,000 shares of ₦.50 each at a premium of ₦0.25 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. ₣1,250
B. ₣1,375
Correct Answer C. ₣1,500
D. ₣1,625
Correct Answer
C
Correct Option:
₣1,500

About This Question

This is Post Utme Esut 2025 Accounting Question 19. It is one of the objective questions from the 2025 Post Utme Esut Accounting examination.

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