Post Utme Ui 2022 Accounting Question 1
Practice objective / multiple choice question 1 from the 2022 Post Utme Ui Accounting examination.
In a partnership account, the capital of a partner is increased by the amount of the partner's share of the profits. If the total capital of the partnership is ₦250,000 and the profits for the year are ₦75,000, and the capital of one of the partners is increased by ₦20,000, what is the capital of the other partner?
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About This Question
This is Post Utme Ui 2022 Accounting Question 1. It is one of the objective questions from the 2022 Post Utme Ui Accounting examination.
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