Post Utme Ui 2019 Accounting Question 26

Practice objective / multiple choice question 26 from the 2019 Post Utme Ui Accounting examination.

Post Utme Ui 2019 Accounting Objective / Multiple Choice
Question 26 POST_UTME_UI • 2019 • ACCOUNTING • objective

In a partnership account, the capital of each partner is divided in the ratio of their profit-sharing ratio. If the profit-sharing ratio of two partners, A and B, is 3:2, and their capitals are ₦120,000 and ₦90,000 respectively, what is the total capital of the partnership?

Answer Options

Correct Answer A. ₦210,000
B. ₦220,000
C. ₦230,000
D. ₦240,000
Correct Answer
A
Correct Option:
₦210,000

About This Question

This is Post Utme Ui 2019 Accounting Question 26. It is one of the objective questions from the 2019 Post Utme Ui Accounting examination.

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