Post Utme Uniben 2025 Accounting Question 26

Practice objective / multiple choice question 26 from the 2025 Post Utme Uniben Accounting examination.

Post Utme Uniben 2025 Accounting Objective / Multiple Choice
Question 26 POST_UTME_UNIBEN • 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 from the issue of shares?

Answer Options

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

About This Question

This is Post Utme Uniben 2025 Accounting Question 26. It is one of the objective questions from the 2025 Post Utme Uniben Accounting examination.

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