Post Utme Noun 2022 Accounting Question 22

Practice objective / multiple choice question 22 from the 2022 Post Utme Noun Accounting examination.

Post Utme Noun 2022 Accounting Objective / Multiple Choice

Question 22 POST_UTME_NOUN • 2022 • ACCOUNTING • objective

A partnership has two partners, A and B. The partnership's capital account shows a balance of ₦50,000. If A's capital account shows a balance of ₦20,000 and B's capital account shows a balance of ₦30,000, what is the correct ratio of A's and B's capital?

A. A:B = 2:3

Correct Answer B. A:B = 3:2

C. A:B = 1:1

D. A:B = 4:3

Correct Answer

Correct Option:

A:B = 3:2

This is Post Utme Noun 2022 Accounting Question 22. It is one of the objective questions from the 2022 Post Utme Noun Accounting examination.

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