Post Utme Achievers University 2021 Accounting Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2021 Accounting Objective / Multiple Choice
Question 25 POST_UTME_ACHIEVERS_UNIVERSITY • 2021 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, with a capital of ₦500,000 each. After 6 months, A withdraws ₦50,000 and B invests an additional ₦20,000. Calculate the ratio of A's and B's capitals at the end of the year.

Answer Options

Correct Answer A. 2:3
B. 3:2
C. 4:3
D. 5:4
Correct Answer
A
Correct Option:
2:3

About This Question

This is Post Utme Achievers University 2021 Accounting Question 25. It is one of the objective questions from the 2021 Post Utme Achievers University Accounting examination.

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