Post Utme Elizade University 2021 Accounting Question 22

Practice objective / multiple choice question 22 from the 2021 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2021 Accounting Objective / Multiple Choice
Question 22 POST_UTME_ELIZADE_UNIVERSITY • 2021 • ACCOUNTING • objective

A partnership has two partners, A and B. The partnership's capital account shows a balance of ₦500,000. Partner A's capital account shows a balance of ₦200,000. Partner B's capital account shows a balance of ₦300,000. What is the ratio of Partner A's capital to Partner B's capital?

Answer Options

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

About This Question

This is Post Utme Elizade University 2021 Accounting Question 22. It is one of the objective questions from the 2021 Post Utme Elizade University Accounting examination.

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