Post Utme Lasu 2018 Accounting Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Lasu Accounting examination.

Post Utme Lasu 2018 Accounting Objective / Multiple Choice
Question 10 POST_UTME_LASU • 2018 • ACCOUNTING • objective

A company uses the perpetual inventory system. If the cost of goods sold is ₦120,000 and the beginning inventory is ₦80,000, what is the cost of goods available for sale?

Answer Options

A. ₦200,000
Correct Answer B. ₦220,000
C. ₦240,000
D. ₦260,000
Correct Answer
B
Correct Option:
₦220,000

About This Question

This is Post Utme Lasu 2018 Accounting Question 10. It is one of the objective questions from the 2018 Post Utme Lasu Accounting examination.

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