Post Utme Noun 2019 Accounting Question 11
Practice objective / multiple choice question 11 from the 2019 Post Utme Noun Accounting examination.
In a partnership account, the capital of a partner is increased by the amount of profit distributed to him. However, the partner's capital is decreased by the amount of drawings made by him. If a partner's capital is increased by ₦50,000 and decreased by ₦20,000, what is the net change in his capital?
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About This Question
This is Post Utme Noun 2019 Accounting Question 11. It is one of the objective questions from the 2019 Post Utme Noun Accounting examination.
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