Post Utme Oau 2025 Accounting Question 14

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

Post Utme Oau 2025 Accounting Objective / Multiple Choice
Question 14 POST_UTME_OAU • 2025 • ACCOUNTING • objective

A company issued 5,000 shares of ₦10 each at a premium of ₦2 per share. If the company received a total of ₦100,000, what is the amount of premium received?

Answer Options

A. ₦5,000
B. ₦10,000
Correct Answer C. ₦15,000
D. ₦20,000
Correct Answer
C
Correct Option:
₦15,000

About This Question

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

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