Post Utme Futo 2022 Accounting Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Futo Accounting examination.

Post Utme Futo 2022 Accounting Objective / Multiple Choice
Question 19 POST_UTME_FUTO • 2022 • ACCOUNTING • objective

A company uses the perpetual inventory system. If the company purchases 100 units of goods at ₦100 each, and the cost of goods sold is ₦10,000, what is the cost of goods available for sale?

Answer Options

A. ₦10,000
B. ₦12,000
C. ₦15,000
Correct Answer D. ₦20,000
Correct Answer
D
Correct Option:
₦20,000

About This Question

This is Post Utme Futo 2022 Accounting Question 19. It is one of the objective questions from the 2022 Post Utme Futo Accounting examination.

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