Post Utme Lead City University 2022 Accounting Question 21

Practice objective / multiple choice question 21 from the 2022 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2022 Accounting Objective / Multiple Choice
Question 21 POST_UTME_LEAD_CITY_UNIVERSITY • 2022 • ACCOUNTING • objective

In a partnership with a capital of ₦1,500,000, where A and B share profits and losses in the ratio 3:2, and C joins the partnership with a capital of ₦750,000, what is the new ratio of their capitals?

Answer Options

Correct Answer A. 2:1
B. 3:2
C. 4:3
D. 5:4
Correct Answer
A
Correct Option:
2:1

About This Question

This is Post Utme Lead City University 2022 Accounting Question 21. It is one of the objective questions from the 2022 Post Utme Lead City University Accounting examination.

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