Post Utme Unilag 2025 Accounting Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Unilag Accounting examination.

Post Utme Unilag 2025 Accounting Objective / Multiple Choice
Question 34 POST_UTME_UNILAG • 2025 • ACCOUNTING • objective

A company issued 5,000 shares of ₦10 each at a premium of ₦3 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. ₦150,000
Correct Answer B. ₦175,000
C. ₦200,000
D. ₦225,000
Correct Answer
B
Correct Option:
₦175,000

About This Question

This is Post Utme Unilag 2025 Accounting Question 34. It is one of the objective questions from the 2025 Post Utme Unilag Accounting examination.

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