Post Utme Ims U 2018 Accounting Question 34
Practice objective / multiple choice question 34 from the 2018 Post Utme Ims U Accounting examination.
A company uses the perpetual inventory system. On January 1, it had 100 units of a product in stock, valued at ₦10 each. During the year, 50 units were sold, and 20 units were purchased at ₦12 each. What is the total value of the inventory on December 31?
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About This Question
This is Post Utme Ims U 2018 Accounting Question 34. It is one of the objective questions from the 2018 Post Utme Ims U Accounting examination.
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