Post Utme Crawford University 2024 Accounting Question 26
Practice objective / multiple choice question 26 from the 2024 Post Utme Crawford University Accounting examination.
A company uses the perpetual inventory system. On January 1, 2024, it had 500 units of a product in stock, valued at ₦250 each. On January 15, 2024, 200 units were sold for ₦400 each. On January 20, 2024, 150 units were purchased for ₦350 each. On January 25, 2024, 100 units were sold for ₦450 each. What is the total value of the inventory on January 31, 2024?
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About This Question
This is Post Utme Crawford University 2024 Accounting Question 26. It is one of the objective questions from the 2024 Post Utme Crawford University Accounting examination.
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