Post Utme Eksu 2022 Accounting Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Eksu Accounting examination.

Post Utme Eksu 2022 Accounting Objective / Multiple Choice

Question 18 POST_UTME_EKSU • 2022 • ACCOUNTING • objective

A company's trading account for the year ended 31st December 2022 is as follows: Sales ₦2,00,000, Returns ₦1,000, Purchases ₦1,50,000, Returns ₦0,000. Prepare the trading account.

A. Sales ₦2,00,000, Returns ₦1,000, Purchases ₦1,50,000, Returns ₦0,000, Cost of Goods Sold ₦1,49,000

B. Sales ₦2,00,000, Returns ₦1,000, Purchases ₦1,50,000, Returns ₦0,000, Cost of Goods Sold ₦1,50,000

C. Sales ₦2,00,000, Returns ₦1,000, Purchases ₦1,50,000, Returns ₦0,000, Cost of Goods Sold ₦1,49,000

Correct Answer D. Sales ₦2,00,000, Returns ₦1,000, Purchases ₦1,50,000, Returns ₦0,000, Cost of Goods Sold ₦1,49,000

Correct Answer

Correct Option:

Sales ₦2,00,000, Returns ₦1,000, Purchases ₦1,50,000, Returns ₦0,000, Cost of Goods Sold ₦1,49,000

This is Post Utme Eksu 2022 Accounting Question 18. It is one of the objective questions from the 2022 Post Utme Eksu Accounting examination.

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