Post Utme Nile University 2019 Accounting Question 26
Practice objective / multiple choice question 26 from the 2019 Post Utme Nile University Accounting examination.
In a partnership account, the capital of a partner is adjusted for a change in the value of the assets. The original capital of the partner is ₦150,000, and the change in the value of the assets is ₦20,000. If the partner's share of the profit is 1/3, what is the partner's new capital?
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About This Question
This is Post Utme Nile University 2019 Accounting Question 26. It is one of the objective questions from the 2019 Post Utme Nile University Accounting examination.
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