Post Utme Mountain Top University 2017 Accounting Question 7

Practice objective / multiple choice question 7 from the 2017 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2017 Accounting Objective / Multiple Choice
Question 7 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2017 • ACCOUNTING • objective

A manufacturing company has the following ledger balances: Work-in-Progress (₦50,000), Finished Goods (₦30,000), and Cost of Goods Sold (₦20,000). What is the value of the company's inventory?

Answer Options

Correct Answer A. ₦80,000
B. ₦70,000
C. ₦60,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦80,000

About This Question

This is Post Utme Mountain Top University 2017 Accounting Question 7. It is one of the objective questions from the 2017 Post Utme Mountain Top University Accounting examination.

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