Post Utme Bowen University 2019 Accounting Question 18

Practice objective / multiple choice question 18 from the 2019 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2019 Accounting Objective / Multiple Choice
Question 18 POST_UTME_BOWEN_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has a manufacturing account that shows the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1/1 | Raw Materials | ₦1000 | | | 1/2 | Labour | ₦500 | | | 1/3 | Work-in-Progress | | ₦1500 | | 1/4 | Finished Goods | | ₦2000 | What is the cost of goods sold?

Answer Options

A. ₦1000
Correct Answer B. ₦1500
C. ₦2000
D. ₦2500
Correct Answer
B
Correct Option:
₦1500

About This Question

This is Post Utme Bowen University 2019 Accounting Question 18. It is one of the objective questions from the 2019 Post Utme Bowen University Accounting examination.

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