Post Utme Afe Babalola University 2020 Accounting Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2020 Accounting Objective / Multiple Choice
Question 13 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2020 • ACCOUNTING • objective

A business uses the perpetual inventory system. If the cost of goods sold is ₦150,000 and the beginning inventory is ₦50,000, what is the cost of goods available for sale?

Answer Options

A. ₦200,000
Correct Answer B. ₦250,000
C. ₦300,000
D. ₦350,000
Correct Answer
B
Correct Option:
₦250,000

About This Question

This is Post Utme Afe Babalola University 2020 Accounting Question 13. It is one of the objective questions from the 2020 Post Utme Afe Babalola University 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