Post Utme Bsu 2025 Accounting Question 1

Practice objective / multiple choice question 1 from the 2025 Post Utme Bsu Accounting examination.

Post Utme Bsu 2025 Accounting Objective / Multiple Choice

Question 1 POST_UTME_BSU • 2025 • ACCOUNTING • objective

In a partnership account, what is the correct method for calculating the capital of a partner who has been absent for the past three years?

A. Capital is calculated by taking the average of the partner's capital for the past three years.

B. Capital is calculated by taking the average of the partner's capital for the past two years.

Correct Answer C. Capital is calculated by taking the average of the partner's capital for the past three years, excluding the year of absence.

D. Capital is calculated by taking the average of the partner's capital for the past three years, including the year of absence.

Correct Answer

Correct Option:

Capital is calculated by taking the average of the partner's capital for the past three years, excluding the year of absence.

This is Post Utme Bsu 2025 Accounting Question 1. It is one of the objective questions from the 2025 Post Utme Bsu Accounting examination.

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