Post Utme Futa 2018 Accounting Question 28

Practice objective / multiple choice question 28 from the 2018 Post Utme Futa Accounting examination.

Post Utme Futa 2018 Accounting Objective / Multiple Choice
Question 28 POST_UTME_FUTA • 2018 • ACCOUNTING • objective

In a partnership account, the capital of one partner is increased by ₦50,000 and the capital of another partner is decreased by ₦20,000. If the original capital of the first partner was ₦150,000 and the original capital of the second partner was ₦80,000, what is the new capital of the first partner?

Answer Options

A. ₦170,000
Correct Answer B. ₦160,000
C. ₦180,000
D. ₦190,000
Correct Answer
B
Correct Option:
₦160,000

About This Question

This is Post Utme Futa 2018 Accounting Question 28. It is one of the objective questions from the 2018 Post Utme Futa Accounting examination.

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