Post Utme Babcock University 2024 Accounting Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2024 Accounting Objective / Multiple Choice
Question 22 POST_UTME_BABCOCK_UNIVERSITY • 2024 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital contributions of A and B are ₦50,000 and ₦30,000 respectively. What is the ratio of A's capital to B's capital?

Answer Options

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

About This Question

This is Post Utme Babcock University 2024 Accounting Question 22. It is one of the objective questions from the 2024 Post Utme Babcock University Accounting examination.

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