Post Utme Oau 2024 Accounting Question 2
Practice objective / multiple choice question 2 from the 2024 Post Utme Oau Accounting examination.
A partnership has two partners, A and B. The capital accounts of A and B at the beginning of the year are ₦500,000 and ₦300,000, respectively. During the year, A withdraws ₦100,000 and B withdraws ₦50,000. The profit for the year is ₦150,000. Prepare the partnership's statement of changes in equity.
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About This Question
This is Post Utme Oau 2024 Accounting Question 2. It is one of the objective questions from the 2024 Post Utme Oau Accounting examination.
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