Post Utme Babcock University 2021 Accounting Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2021 Accounting Objective / Multiple Choice
Question 19 POST_UTME_BABCOCK_UNIVERSITY • 2021 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital accounts of A and B are ₦50,000 and ₦30,000 respectively. The profit-sharing ratio is 3:2. What is the ratio of the profit-sharing ratio to the capital ratio?

Answer Options

Correct Answer A. 3:2
B. 2:3
C. 1:1
D. 4:3
Correct Answer
A
Correct Option:
3:2

About This Question

This is Post Utme Babcock University 2021 Accounting Question 19. It is one of the objective questions from the 2021 Post Utme Babcock University Accounting examination.

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