Utme 2024 Commerce Question 33

Practice objective / multiple choice question 33 from the 2024 Utme Commerce examination. This question covers Accounting .

Utme 2024 Commerce Objective / Multiple Choice 3 Difficulty
Topic: Accounting
Question 33 UTME • 2024 • COMMERCE • objective

Given: Opening stock 40,000 Purchases 115,000 Closing stock 60,000 Sales 250,000 What is the cost of goods sold?

Answer Options

Correct Answer A. ₦95,000
B. ₦50,000
C. ₦30,000
D. ₦155,000
Correct Answer
A
Correct Option:
₦95,000

About This Question

This is Utme 2024 Commerce Question 33. It is one of the objective questions from the 2024 Utme Commerce examination.

The question covers Accounting .

Difficulty level: 3 .

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