Waec Model Questions Vol1 2025 Financial Accounting Question 44

Practice objective / multiple choice question 44 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Waec Model Questions Vol1 2025 Financial Accounting Objective / Multiple Choice Hard Difficulty
Question 44 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • FINANCIAL_ACCOUNTING • objective

A company has issued 10,000 shares at ₦5 each. The company incurs expenses of ₦15,000 in issuing these shares. Calculate the net proceeds from the share issue.

Answer Options

Correct Answer A. ₦35,000
B. ₦40,000
C. ₦25,000
D. ₦30,000
Correct Answer
A
Correct Option:
₦35,000

About This Question

This is Waec Model Questions Vol1 2025 Financial Accounting Question 44. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Difficulty level: Hard .

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