Post Utme Al Hikmah University 2024 Accounting Question 26

Practice objective / multiple choice question 26 from the 2024 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2024 Accounting Objective / Multiple Choice
Question 26 POST_UTME_AL-HIKMAH_UNIVERSITY • 2024 • ACCOUNTING • objective

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

About This Question

This is Post Utme Al Hikmah University 2024 Accounting Question 26. It is one of the objective questions from the 2024 Post Utme Al Hikmah University Accounting examination.

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