Utme 2020 Commerce Question 25

Practice objective / multiple choice question 25 from the 2020 Utme Commerce examination. This question covers Accounting .

Utme 2020 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Accounting
Question 25 UTME • 2020 • COMMERCE • objective

Given: Opening Stock = ₦1,800, Purchases = ₦2,800, Sales = ₦8,000, Closing Stock = ₦350, Carriage on sales = ₦500. Calculate the value of the unused stock.

Answer Options

A. ₦800
B. ₦500
C. ₦320
Correct Answer D. ₦350
Correct Answer
D
Correct Option:
₦350

About This Question

This is Utme 2020 Commerce Question 25. It is one of the objective questions from the 2020 Utme Commerce examination.

The question covers Accounting .

Difficulty level: 2 .

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