Post Utme Crawford University 2021 Accounting Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2021 Accounting Objective / Multiple Choice
Question 36 POST_UTME_CRAWFORD_UNIVERSITY • 2021 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, with a capital of ₦100,000 each. After 6 months, A withdraws ₦20,000, while B invests an additional ₦30,000. The profit-sharing ratio is 3:2. Calculate the profit-sharing ratio after the adjustments.

Answer Options

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

About This Question

This is Post Utme Crawford University 2021 Accounting Question 36. It is one of the objective questions from the 2021 Post Utme Crawford University Accounting examination.

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