Post Utme Osustech 2021 Accounting Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Osustech Accounting examination.

Post Utme Osustech 2021 Accounting Objective / Multiple Choice
Question 5 POST_UTME_OSUSTECH • 2021 • ACCOUNTING • objective

A company has the following transactions: Purchased goods for ₦50,000, sold goods for ₦80,000, and purchased goods for ₦30,000. Calculate the cost of goods sold.

Answer Options

A. ₦60,000
B. ₦70,000
Correct Answer C. ₦80,000
D. ₦90,000
Correct Answer
C
Correct Option:
₦80,000

About This Question

This is Post Utme Osustech 2021 Accounting Question 5. It is one of the objective questions from the 2021 Post Utme Osustech Accounting examination.

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