Post Utme Rsu 2025 Accounting Question 19

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

Post Utme Rsu 2025 Accounting Objective / Multiple Choice
Question 19 POST_UTME_RSU • 2025 • ACCOUNTING • objective

A company issues 1,000 shares of ₦10 each at a premium of ₦5 per share. What is the total amount received by the company from the issue of shares?

Answer Options

A. ₦10,000
B. ₦15,000
C. ₦20,000
Correct Answer D. ₦25,000
Correct Answer
D
Correct Option:
₦25,000

About This Question

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

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support