Post Utme Noun 2023 Accounting Question 30
Practice objective / multiple choice question 30 from the 2023 Post Utme Noun Accounting examination.
A company uses the perpetual inventory system. On January 1, 2023, it had 500 units of a product in stock, valued at 10 each. On January 15, 2023, 200 units were sold for 20 each. On February 1, 2023, 300 new units were purchased for 15 each. Calculate the cost of goods sold for the period.
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About This Question
This is Post Utme Noun 2023 Accounting Question 30. It is one of the objective questions from the 2023 Post Utme Noun Accounting examination.
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