Post Utme Bells University 2020 Accounting Question 6
Practice objective / multiple choice question 6 from the 2020 Post Utme Bells University Accounting examination.
In a partnership account, the capital of a partner who leaves the business is transferred to the remaining partners in the ratio of their existing capital. If the capital of the departing partner is ₦150,000 and the capital of the remaining partners are ₦80,000 and ₦120,000 respectively, what is the amount of capital that the departing partner will receive?
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About This Question
This is Post Utme Bells University 2020 Accounting Question 6. It is one of the objective questions from the 2020 Post Utme Bells University Accounting examination.
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