Post Utme Coal City University 2023 Accounting Question 36

Practice objective / multiple choice question 36 from the 2023 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2023 Accounting Objective / Multiple Choice
Question 36 POST_UTME_COAL_CITY_UNIVERSITY • 2023 • ACCOUNTING • objective

In a partnership account, the capital of two partners, A and B, is shared in the ratio 3:2. If the total capital is ₦1,500,000, and A withdraws ₦200,000, what is the new ratio of A's capital to B's capital?

Answer Options

Correct Answer A. 2:1
B. 3:2
C. 5:3
D. 4:2
Correct Answer
A
Correct Option:
2:1

About This Question

This is Post Utme Coal City University 2023 Accounting Question 36. It is one of the objective questions from the 2023 Post Utme Coal City University Accounting examination.

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