Post Utme Caleb University 2019 Accounting Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2019 Accounting Objective / Multiple Choice
Question 29 POST_UTME_CALEB_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's manufacturing account for the year ended 31st December 2018 is as follows: Cost of Goods Manufactured: ₦1,500,000; Closing Stock: ₦200,000. Calculate the company's cost of goods sold.

Answer Options

A. ₦1,300,000
B. ₦1,400,000
Correct Answer C. ₦1,500,000
D. ₦1,600,000
Correct Answer
C
Correct Option:
₦1,500,000

About This Question

This is Post Utme Caleb University 2019 Accounting Question 29. It is one of the objective questions from the 2019 Post Utme Caleb 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