9706/11 Accounting Oct Nov 2020 Online Test | Cambridge AS and A Level MCQ
CIE
AS & A Level
Accounting (9706)
بهمن
2020
مشاهده نمونه سوال
شامل مباحث:
AS Level
تعداد سوالات: 30
سطح دشواری:
متوسط
شروع:
آزاد
پایان:
آزاد
مدت پاسخگویی:
60 دقیقه
پیش نمایش صفحه اول فایل
Neda Bani A company has a financial year end of 30 November. It has no opening inventory at the beginning of the financial year.
During the year, the following amounts of inventory are purchased.
Sales for the period are 500 units at $\$ 100$ each.
Inventory is valued using the average cost (AVCO) method.
What is the value of inventory, to the nearest dollar, at the end of the year?
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