Post Utme Greenfield University 2020 Accounting Question 11

Practice objective / multiple choice question 11 from the 2020 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2020 Accounting Objective / Multiple Choice
Question 11 POST_UTME_GREENFIELD_UNIVERSITY • 2020 • ACCOUNTING • objective

In a partnership account, the capital of each partner is recorded in the capital account. If the capital of A is ₦150,000 and that of B is ₦200,000, and the total capital is ₦400,000, what is the ratio of A's capital to B's capital?

Answer Options

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

About This Question

This is Post Utme Greenfield University 2020 Accounting Question 11. It is one of the objective questions from the 2020 Post Utme Greenfield University Accounting examination.

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