Post Utme Bsu 2021 Accounting Question 13
Practice objective / multiple choice question 13 from the 2021 Post Utme Bsu Accounting examination.
A company uses the perpetual inventory system to account for its merchandise inventory. The company has a beginning inventory balance of ₦150,000, and during the year, it purchases merchandise for ₦200,000 and sells merchandise for ₦300,000. If the company's cost of goods sold is ₦250,000, what is the company's ending inventory balance?
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About This Question
This is Post Utme Bsu 2021 Accounting Question 13. It is one of the objective questions from the 2021 Post Utme Bsu Accounting examination.
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