Post Utme Ui 2025 Accounting Question 47

Practice objective / multiple choice question 47 from the 2025 Post Utme Ui Accounting examination.

Post Utme Ui 2025 Accounting Objective / Multiple Choice
Question 47 POST_UTME_UI • 2025 • ACCOUNTING • objective

A company issued 10,000 shares of ₦10 each at a premium of ₦2 per share. The issue expenses were ₦10,000. Calculate the amount received from the issue of shares.

Answer Options

A. ₦220,000
Correct Answer B. ₦240,000
C. ₦260,000
D. ₦280,000
Correct Answer
B
Correct Option:
₦240,000

About This Question

This is Post Utme Ui 2025 Accounting Question 47. It is one of the objective questions from the 2025 Post Utme Ui Accounting examination.

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