Post Utme Ksu 2019 Accounting Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Ksu Accounting examination.

Post Utme Ksu 2019 Accounting Objective / Multiple Choice
Question 3 POST_UTME_KSU • 2019 • ACCOUNTING • objective

A company uses the perpetual inventory system. The beginning inventory is ₦100,000, and the purchases during the year are ₦200,000. If the cost of goods sold is ₦250,000, what is the value of ending inventory?

Answer Options

A. ₦50,000
B. ₦75,000
Correct Answer C. ₦100,000
D. ₦125,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Ksu 2019 Accounting Question 3. It is one of the objective questions from the 2019 Post Utme Ksu Accounting examination.

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