Post Utme Crawford University 2021 Accounting Question 6
Practice objective / multiple choice question 6 from the 2021 Post Utme Crawford University Accounting examination.
In a partnership account, the capital of one partner is withdrawn and the remaining partners' capitals are adjusted proportionally. The capital of the withdrawing partner is ₦120,000. The capitals of the remaining partners are ₦80,000 and ₦60,000. If the withdrawing partner's share of profit is 30%, what is the total profit?
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About This Question
This is Post Utme Crawford University 2021 Accounting Question 6. It is one of the objective questions from the 2021 Post Utme Crawford University Accounting examination.
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