Post Utme Lautech 2023 Accounting Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Lautech Accounting examination.

Post Utme Lautech 2023 Accounting Objective / Multiple Choice
Question 10 POST_UTME_LAUTECH • 2023 • ACCOUNTING • objective

A company has the following transactions: Purchased goods for ₦100,000 on credit Sold goods for ₦120,000 on credit Purchased goods for ₦80,000 on credit Sold goods for ₦100,000 on credit What is the total value of goods sold and purchased?

Answer Options

A. ₦220,000
B. ₦240,000
C. ₦260,000
Correct Answer D. ₦280,000
Correct Answer
D
Correct Option:
₦280,000

About This Question

This is Post Utme Lautech 2023 Accounting Question 10. It is one of the objective questions from the 2023 Post Utme Lautech Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support