Post Utme Skyline University 2021 Accounting Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2021 Accounting Objective / Multiple Choice
Question 36 POST_UTME_SKYLINE_UNIVERSITY • 2021 • ACCOUNTING • objective

In a partnership account, the capital of the partners is divided in the ratio of 3:5:7. If the total capital is ₦150,000, what is the amount of capital of the partner whose share is 5 parts?

Answer Options

A. ₦30,000
Correct Answer B. ₦40,000
C. ₦50,000
D. ₦60,000
Correct Answer
B
Correct Option:
₦40,000

About This Question

This is Post Utme Skyline University 2021 Accounting Question 36. It is one of the objective questions from the 2021 Post Utme Skyline University Accounting examination.

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