Post Utme Summit University 2020 Accounting Question 16

Practice objective / multiple choice question 16 from the 2020 Post Utme Summit University Accounting examination.

Post Utme Summit University 2020 Accounting Objective / Multiple Choice
Question 16 POST_UTME_SUMMIT_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, what is the amount of capital contributed by partner B?

Answer Options

A. ₦48,000
Correct Answer B. ₦60,000
C. ₦72,000
D. ₦80,000
Correct Answer
B
Correct Option:
₦60,000

About This Question

This is Post Utme Summit University 2020 Accounting Question 16. It is one of the objective questions from the 2020 Post Utme Summit University Accounting examination.

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