Post Utme Futa 2017 Accounting Question 20

Practice objective / multiple choice question 20 from the 2017 Post Utme Futa Accounting examination.

Post Utme Futa 2017 Accounting Objective / Multiple Choice
Question 20 POST_UTME_FUTA • 2017 • ACCOUNTING • objective

A partnership has the following capital accounts: Partner A: ₦50,000 Partner B: ₦30,000 Partner C: ₦20,000 If Partner A withdraws ₦10,000 from the business, what is the new capital balance of Partner B?

Answer Options

A. ₦20,000
Correct Answer B. ₦25,000
C. ₦30,000
D. ₦35,000
Correct Answer
B
Correct Option:
₦25,000

About This Question

This is Post Utme Futa 2017 Accounting Question 20. It is one of the objective questions from the 2017 Post Utme Futa Accounting examination.

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