Post Utme Osustech 2022 Accounting Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Osustech Accounting examination.

Post Utme Osustech 2022 Accounting Objective / Multiple Choice
Question 25 POST_UTME_OSUSTECH • 2022 • ACCOUNTING • objective

A partnership has 3 partners: A, B, and C. The capital accounts of A, B, and C are ₦50,000, ₦30,000, and ₦20,000 respectively. If the profit is ₦15,000, and the loss is ₦8,000, what is the new balance of A's capital account?

Answer Options

A. ₦42,000
Correct Answer B. ₦45,000
C. ₦48,000
D. ₦50,000
Correct Answer
B
Correct Option:
₦45,000

About This Question

This is Post Utme Osustech 2022 Accounting Question 25. It is one of the objective questions from the 2022 Post Utme Osustech Accounting examination.

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