Post Utme Delsu 2024 Accounting Question 31

Practice objective / multiple choice question 31 from the 2024 Post Utme Delsu Accounting examination.

Post Utme Delsu 2024 Accounting Objective / Multiple Choice
Question 31 POST_UTME_DELSU • 2024 • ACCOUNTING • objective

In a partnership account, the capital introduced by a partner includes the initial investment and the share of profits or losses carried forward from previous years. Which of the following is NOT a component of a partner's capital?

Answer Options

Correct Answer A. Drawings
B. Initial Investment
C. Share of Profits
D. Share of Losses
Correct Answer
A
Correct Option:
Drawings

About This Question

This is Post Utme Delsu 2024 Accounting Question 31. It is one of the objective questions from the 2024 Post Utme Delsu Accounting examination.

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