Post Utme Ksu 2019 Accounting Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Ksu Accounting examination.

Post Utme Ksu 2019 Accounting Objective / Multiple Choice
Question 36 POST_UTME_KSU • 2019 • ACCOUNTING • objective

In a partnership account, the capital of the partners is divided in the ratio of 3:5:7. If the total capital is ₦150,000, what is the amount of capital contributed by the partner with the highest share?

Answer Options

A. ₦35,000
Correct Answer B. ₦42,857
C. ₦50,000
D. ₦57,142
Correct Answer
B
Correct Option:
₦42,857

About This Question

This is Post Utme Ksu 2019 Accounting Question 36. It is one of the objective questions from the 2019 Post Utme Ksu Accounting examination.

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