Post Utme Rsu 2020 Accounting Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Rsu Accounting examination.

Post Utme Rsu 2020 Accounting Objective / Multiple Choice
Question 38 POST_UTME_RSU • 2020 • ACCOUNTING • objective
SHARED STIMULUS
Beginning inventory: ₦80,000; Purchases: ₦100,000; Cost of goods available for sale: ₦180,000; Ending inventory: ₦60,000.

A company uses a perpetual inventory system. The following data are extracted from the company's records for the year ended December 31, 2020:

Answer Options

A. ₦120,000
B. ₦150,000
Correct Answer C. ₦180,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦180,000

About This Question

This is Post Utme Rsu 2020 Accounting Question 38. It is one of the objective questions from the 2020 Post Utme Rsu Accounting examination.

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