Post Utme Ksu 2021 Accounting Question 17

Practice objective / multiple choice question 17 from the 2021 Post Utme Ksu Accounting examination.

Post Utme Ksu 2021 Accounting Objective / Multiple Choice
Question 17 POST_UTME_KSU • 2021 • ACCOUNTING • objective

A partnership has two partners, A and B. The partnership's capital account balance as at 31st December, 2020, is ₦1,000,000. Partner A's capital account balance is ₦0,500,000, and Partner B's capital account balance is ₥0,500,000. What is the ratio of Partner A's capital to Partner B's capital?

Answer Options

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

About This Question

This is Post Utme Ksu 2021 Accounting Question 17. It is one of the objective questions from the 2021 Post Utme Ksu Accounting examination.

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