Post Utme Christopher University 2018 Accounting Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2018 Accounting Objective / Multiple Choice
Question 25 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • ACCOUNTING • objective

A company has the following transactions: Purchased goods for ₦120,000; Sold goods for ₦150,000; Purchased goods for ₦100,000. What is the net effect on the company's inventory?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Christopher University 2018 Accounting Question 25. It is one of the objective questions from the 2018 Post Utme Christopher University Accounting examination.

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