Post Utme Christopher University 2023 Accounting Question 27

Practice objective / multiple choice question 27 from the 2023 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2023 Accounting Objective / Multiple Choice
Question 27 POST_UTME_CHRISTOPHER_UNIVERSITY • 2023 • ACCOUNTING • objective

A partnership is formed between two partners, A and B, with a capital of ₦200,000 and ₦300,000 respectively. After 2 years, A withdraws ₦50,000 and B introduces an additional ₦20,000. Calculate the new ratio of A's and B's capital.

Answer Options

Correct Answer A. 2:3
B. 3:2
C. 4:3
D. 5:4
Correct Answer
A
Correct Option:
2:3

About This Question

This is Post Utme Christopher University 2023 Accounting Question 27. It is one of the objective questions from the 2023 Post Utme Christopher University Accounting examination.

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