Post Utme Al Hikmah University 2025 Accounting Question 6

Practice objective / multiple choice question 6 from the 2025 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2025 Accounting Objective / Multiple Choice
Question 6 POST_UTME_AL-HIKMAH_UNIVERSITY • 2025 • ACCOUNTING • objective

In a partnership account, what is the correct order of preparation of the following accounts?

Answer Options

Correct Answer A. Trading and Profit and Loss Account, Balance Sheet, Partners' Capital Account
B. Balance Sheet, Trading and Profit and Loss Account, Partners' Capital Account
C. Partners' Capital Account, Balance Sheet, Trading and Profit and Loss Account
D. Trading and Profit and Loss Account, Partners' Capital Account, Balance Sheet
Correct Answer
A
Correct Option:
Trading and Profit and Loss Account, Balance Sheet, Partners' Capital Account

About This Question

This is Post Utme Al Hikmah University 2025 Accounting Question 6. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Accounting examination.

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