Post Utme Madonna University 2023 Accounting Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2023 Accounting Objective / Multiple Choice
Question 23 POST_UTME_MADONNA_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has the following transactions: Debit: Raw Materials 10,000, Work-in-Progress 15,000 Credit: Sales 25,000 What is the correct balance of the Work-in-Progress account?

Answer Options

A. 30,000
B. 20,000
Correct Answer C. 15,000
D. 10,000
Correct Answer
C
Correct Option:
15,000

About This Question

This is Post Utme Madonna University 2023 Accounting Question 23. It is one of the objective questions from the 2023 Post Utme Madonna University Accounting examination.

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