Post Utme Rhema University 2020 Accounting Question 9

Practice objective / multiple choice question 9 from the 2020 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2020 Accounting Objective / Multiple Choice
Question 9 POST_UTME_RHEMA_UNIVERSITY • 2020 • ACCOUNTING • objective

A company uses a perpetual inventory system. The following data are available for the month: Beginning Inventory: 100 units; Purchases: 500 units; Sales: 300 units. What is the ending inventory?

Answer Options

A. 200 units
Correct Answer B. 250 units
C. 300 units
D. 350 units
Correct Answer
B
Correct Option:
250 units

About This Question

This is Post Utme Rhema University 2020 Accounting Question 9. It is one of the objective questions from the 2020 Post Utme Rhema University Accounting examination.

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