Post Utme Nile University 2021 Accounting Question 40

Practice objective / multiple choice question 40 from the 2021 Post Utme Nile University Accounting examination.

Post Utme Nile University 2021 Accounting Objective / Multiple Choice
Question 40 POST_UTME_NILE_UNIVERSITY • 2021 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. The capital of the partnership is ₦500,000. If A's capital is ₦200,000, calculate B's capital.

Answer Options

Correct Answer A. ₦150,000
B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Nile University 2021 Accounting Question 40. It is one of the objective questions from the 2021 Post Utme Nile University Accounting examination.

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