Post Utme Bsu 2019 Accounting Question 26

Practice objective / multiple choice question 26 from the 2019 Post Utme Bsu Accounting examination.

Post Utme Bsu 2019 Accounting Objective / Multiple Choice
Question 26 POST_UTME_BSU • 2019 • ACCOUNTING • objective

In a partnership account, the capital of each partner is shown on the balance sheet at its

Answer Options

A. cost
Correct Answer B. cost plus accumulated profits
C. cost plus accumulated losses
D. market value
Correct Answer
B
Correct Option:
cost plus accumulated profits

About This Question

This is Post Utme Bsu 2019 Accounting Question 26. It is one of the objective questions from the 2019 Post Utme Bsu Accounting examination.

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