Post Utme Lead City University 2024 Accounting Question 5

Practice objective / multiple choice question 5 from the 2024 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2024 Accounting Objective / Multiple Choice
Question 5 POST_UTME_LEAD_CITY_UNIVERSITY • 2024 • ACCOUNTING • objective

A partnership is dissolved when a partner withdraws from the business. What is the accounting treatment for the withdrawing partner's share of the profits?

Answer Options

Correct Answer A. ₦1250
B. ₦2500
C. ₦5000
D. ₦10000
Correct Answer
A
Correct Option:
₦1250

About This Question

This is Post Utme Lead City University 2024 Accounting Question 5. It is one of the objective questions from the 2024 Post Utme Lead City University Accounting examination.

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