Post Utme Madonna University 2025 Accounting Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2025 Accounting Objective / Multiple Choice
Question 12 POST_UTME_MADONNA_UNIVERSITY • 2025 • ACCOUNTING • objective

A company issues 10,000 shares of ₦10 each at a premium of ₦5 per share. Calculate the total amount received from the issue of shares.

Answer Options

Correct Answer A. ₦150,000
B. ₦100,000
C. ₦200,000
D. ₦250,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Madonna University 2025 Accounting Question 12. It is one of the objective questions from the 2025 Post Utme Madonna University Accounting examination.

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