Post Utme Lautech 2018 Accounting Question 21
Practice objective / multiple choice question 21 from the 2018 Post Utme Lautech Accounting examination.
In a partnership account, the capital of a partner who leaves the business is transferred to the remaining partners in the ratio of their existing capitals. If the capital of the remaining partners is in the ratio of 3:5 and the partner who leaves has a capital of ₦120,000, what is the total capital of the remaining partners?
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About This Question
This is Post Utme Lautech 2018 Accounting Question 21. It is one of the objective questions from the 2018 Post Utme Lautech Accounting examination.
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