Post Utme Redeemers University 2020 Accounting Question 31

Practice objective / multiple choice question 31 from the 2020 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2020 Accounting Objective / Multiple Choice
Question 31 POST_UTME_REDEEMERS_UNIVERSITY • 2020 • ACCOUNTING • objective

In a partnership account, the capital of two partners, A and B, is shared in the ratio 3:2. If the total capital is ₦120,000, calculate the amount of capital contributed by partner A.

Answer Options

A. ₦60,000
Correct Answer B. ₦72,000
C. ₦90,000
D. ₦108,000
Correct Answer
B
Correct Option:
₦72,000

About This Question

This is Post Utme Redeemers University 2020 Accounting Question 31. It is one of the objective questions from the 2020 Post Utme Redeemers University Accounting examination.

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