Post Utme Futa 2022 Accounting Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Futa Accounting examination.

Post Utme Futa 2022 Accounting Objective / Multiple Choice
Question 4 POST_UTME_FUTA • 2022 • ACCOUNTING • objective

A company uses the perpetual inventory system. The company's beginning inventory is ₦100,000, and the cost of goods available for sale is ₦500,000. The company sells ₦300,000 worth of goods. What is the company's ending inventory?

Answer Options

A. ₦200,000
B. ₦250,000
Correct Answer C. ₦300,000
D. ₦350,000
Correct Answer
C
Correct Option:
₦300,000

About This Question

This is Post Utme Futa 2022 Accounting Question 4. It is one of the objective questions from the 2022 Post Utme Futa Accounting examination.

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