Post Utme Babcock University 2020 Accounting Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2020 Accounting Objective / Multiple Choice
Question 38 POST_UTME_BABCOCK_UNIVERSITY • 2020 • ACCOUNTING • objective

A partnership has two partners: John and Mary. John has a capital of ₦500,000 and Mary has a capital of ₦300,000. What is the ratio of John's capital to Mary's capital?

Answer Options

A. 1:1
Correct Answer B. 1:2
C. 2:1
D. 3:1
Correct Answer
B
Correct Option:
1:2

About This Question

This is Post Utme Babcock University 2020 Accounting Question 38. It is one of the objective questions from the 2020 Post Utme Babcock University Accounting examination.

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