Post Utme Abu 2019 Accounting Question 34

Practice objective / multiple choice question 34 from the 2019 Post Utme Abu Accounting examination.

Post Utme Abu 2019 Accounting Objective / Multiple Choice
Question 34 POST_UTME_ABU • 2019 • ACCOUNTING • objective

In a partnership account, what is the correct method of calculating the capital of a partner who has been absent for 6 months?

Answer Options

A. Average Capital Method
B. Fixed Capital Method
Correct Answer C. Time-Weighted Average Capital Method
D. Capital Sum Method
Correct Answer
C
Correct Option:
Time-Weighted Average Capital Method

About This Question

This is Post Utme Abu 2019 Accounting Question 34. It is one of the objective questions from the 2019 Post Utme Abu Accounting examination.

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