Post Utme Unilorin 2025 Accounting Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2025 Accounting Objective / Multiple Choice
Question 13 POST_UTME_UNILORIN • 2025 • ACCOUNTING • objective

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

Answer Options

A. ₦15,000
B. ₦20,000
Correct Answer C. ₦25,000
D. ₦30,000
Correct Answer
C
Correct Option:
₦25,000

About This Question

This is Post Utme Unilorin 2025 Accounting Question 13. It is one of the objective questions from the 2025 Post Utme Unilorin Accounting examination.

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