Post Utme Redeemers University 2023 Accounting Question 17

Practice objective / multiple choice question 17 from the 2023 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2023 Accounting Objective / Multiple Choice
Question 17 POST_UTME_REDEEMERS_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's trial balance showed the following balances: Purchases ₦120,000, Sales ₦180,000, Returns Outwards ₦10,000. Calculate the cost of goods sold.

Answer Options

A. ₦80,000
B. ₦90,000
Correct Answer C. ₦100,000
D. ₦110,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Redeemers University 2023 Accounting Question 17. It is one of the objective questions from the 2023 Post Utme Redeemers University Accounting examination.

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