Post Utme Bowen University 2018 Accounting Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2018 Accounting Objective / Multiple Choice
Question 10 POST_UTME_BOWEN_UNIVERSITY • 2018 • ACCOUNTING • objective

A company uses the perpetual inventory system. The cost of goods sold is ₦150,000 and the net realizable value of the inventory is ₦80,000. Calculate the cost of goods sold.

Answer Options

A. ₦120,000
B. ₦130,000
C. ₦140,000
Correct Answer D. ₦150,000
Correct Answer
D
Correct Option:
₦150,000

About This Question

This is Post Utme Bowen University 2018 Accounting Question 10. It is one of the objective questions from the 2018 Post Utme Bowen University Accounting examination.

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