Post Utme Osustech 2020 Accounting Question 1
Practice objective / multiple choice question 1 from the 2020 Post Utme Osustech Accounting examination.
In a partnership account, the capital of a partner who leaves the business is calculated as the difference between the partner's share of the profit and the partner's share of the loss. If the profit is ₦120,000 and the loss is ₦80,000, and the partner's share of the profit and loss is 2/5, what is the partner's capital?
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About This Question
This is Post Utme Osustech 2020 Accounting Question 1. It is one of the objective questions from the 2020 Post Utme Osustech Accounting examination.
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