Post Utme Aaua 2018 Accounting Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Aaua Accounting examination.

Post Utme Aaua 2018 Accounting Objective / Multiple Choice
Question 9 POST_UTME_AAUA • 2018 • ACCOUNTING • objective

A company uses the perpetual inventory system. If the beginning inventory is ₦80,000, purchases during the period are ₦120,000, and sales are ₦200,000, what is the ending inventory?

Answer Options

A. ₦60,000
B. ₦70,000
Correct Answer C. ₦80,000
D. ₦90,000
Correct Answer
C
Correct Option:
₦80,000

About This Question

This is Post Utme Aaua 2018 Accounting Question 9. It is one of the objective questions from the 2018 Post Utme Aaua Accounting examination.

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