Post Utme Futa 2024 Accounting Question 38

Practice objective / multiple choice question 38 from the 2024 Post Utme Futa Accounting examination.

Post Utme Futa 2024 Accounting Objective / Multiple Choice
Question 38 POST_UTME_FUTA • 2024 • ACCOUNTING • objective

A company uses the perpetual inventory system. If the company's beginning inventory is ₦150,000, and the cost of goods sold is ₦200,000, what is the company's ending inventory?

Answer Options

A. ₦50,000
Correct Answer B. ₦100,000
C. ₦150,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦100,000

About This Question

This is Post Utme Futa 2024 Accounting Question 38. It is one of the objective questions from the 2024 Post Utme Futa Accounting examination.

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