Post Utme Unilorin 2022 Accounting Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2022 Accounting Objective / Multiple Choice
Question 25 POST_UTME_UNILORIN • 2022 • ACCOUNTING • objective

A company issues 10,000 shares of ₦.50 each at a premium of ₠.25 per share. Calculate the total amount received from the issue of shares.

Answer Options

A. ₦,500
B. ₧,000
Correct Answer C. ₧,500
D. ₨,000
Correct Answer
C
Correct Option:
₧,500

About This Question

This is Post Utme Unilorin 2022 Accounting Question 25. It is one of the objective questions from the 2022 Post Utme Unilorin 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