Post Utme Joseph Ayo Babalola University 2020 Accounting Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2020 Accounting Objective / Multiple Choice
Question 13 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2020 • ACCOUNTING • objective

A partnership has two partners: John and Mary. John's capital account balance is ₦50,000 and Mary's capital account balance is ₦30,000. If the partnership distributes a dividend of ₦20,000, how much will John receive?

Answer Options

Correct Answer A. ₦15,000
B. ₦10,000
C. ₦12,500
D. ₦20,000
Correct Answer
A
Correct Option:
₦15,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2020 Accounting Question 13. It is one of the objective questions from the 2020 Post Utme Joseph Ayo Babalola University Accounting examination.

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