Post Utme Ui 2018 Accounting Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Ui Accounting examination.

Post Utme Ui 2018 Accounting Objective / Multiple Choice
Question 14 POST_UTME_UI • 2018 • ACCOUNTING • objective

A company uses the perpetual inventory system. If the cost of goods sold is ₦500,000, and the beginning inventory is ₦200,000, what is the cost of goods available for sale?

Answer Options

A. ₦700,000
B. ₦800,000
C. ₦900,000
Correct Answer D. ₦1,000,000
Correct Answer
D
Correct Option:
₦1,000,000

About This Question

This is Post Utme Ui 2018 Accounting Question 14. It is one of the objective questions from the 2018 Post Utme Ui Accounting examination.

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