Post Utme Ims U 2025 Accounting Question 1

Practice objective / multiple choice question 1 from the 2025 Post Utme Ims U Accounting examination.

Post Utme Ims U 2025 Accounting Objective / Multiple Choice
Question 1 POST_UTME_IMS_U • 2025 • ACCOUNTING • objective

In a partnership account, what is the correct method to calculate the capital of a partner who has been absent for the entire year?

Answer Options

Correct Answer A. Capital = Drawings + Profit + Loss
B. Capital = Drawings + Profit
C. Capital = Drawings + Loss
D. Capital = Profit + Loss
Correct Answer
A
Correct Option:
Capital = Drawings + Profit + Loss

About This Question

This is Post Utme Ims U 2025 Accounting Question 1. It is one of the objective questions from the 2025 Post Utme Ims U Accounting examination.

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