Post Utme Uniosun 2024 Accounting Question 11

Practice objective / multiple choice question 11 from the 2024 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2024 Accounting Objective / Multiple Choice
Question 11 POST_UTME_UNIOSUN • 2024 • ACCOUNTING • objective

A company issued 5,000 shares of ₦10 each at a premium of ₦3 per share. The total amount received from the issue of shares is ₦250,000. Calculate the amount received from the issue of shares at the premium.

Answer Options

Correct Answer A. ₦62,500
B. ₦62,500
C. ₦62,500
D. ₦62,500
Correct Answer
A
Correct Option:
₦62,500

About This Question

This is Post Utme Uniosun 2024 Accounting Question 11. It is one of the objective questions from the 2024 Post Utme Uniosun Accounting examination.

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