Post Utme Bells University 2022 Accounting Question 34
Practice objective / multiple choice question 34 from the 2022 Post Utme Bells University Accounting examination.
A partnership between two individuals, John and Mary, has the following capital accounts: John's capital = ₦50,000, Mary's capital = ₦30,000. The partnership's profit for the year is ₦80,000. Prepare the capital accounts of John and Mary after the profit is shared in the ratio 2:1.
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About This Question
This is Post Utme Bells University 2022 Accounting Question 34. It is one of the objective questions from the 2022 Post Utme Bells University Accounting examination.
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