Post Utme Madonna University 2020 Accounting Question 26

Practice objective / multiple choice question 26 from the 2020 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2020 Accounting Objective / Multiple Choice
Question 26 POST_UTME_MADONNA_UNIVERSITY • 2020 • ACCOUNTING • objective

In a partnership account, if the capital of two partners, A and B, is in the ratio 3:2, and the profit-sharing ratio is 5:3, what is the ratio of their drawings?

Answer Options

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

About This Question

This is Post Utme Madonna University 2020 Accounting Question 26. It is one of the objective questions from the 2020 Post Utme Madonna University Accounting examination.

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