Post Utme Eksu 2020 Accounting Question 36

Practice objective / multiple choice question 36 from the 2020 Post Utme Eksu Accounting examination.

Post Utme Eksu 2020 Accounting Objective / Multiple Choice
Question 36 POST_UTME_EKSU • 2020 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, with a capital of ₦500,000 each. After 6 months, A withdraws ₦100,000 from the partnership, while B invests an additional ₦50,000. The profit-sharing ratio is 3:2. Calculate the profit-sharing ratio after the adjustments.

Answer Options

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

About This Question

This is Post Utme Eksu 2020 Accounting Question 36. It is one of the objective questions from the 2020 Post Utme Eksu Accounting examination.

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