Post Utme Unilag 2022 Accounting Question 16
Practice objective / multiple choice question 16 from the 2022 Post Utme Unilag Accounting examination.
A partnership is formed between two individuals, A and B, with a capital of ₦100,000 each. During the year, A withdraws ₦20,000 for personal use, while B invests an additional ₦30,000. The profit-sharing ratio is 3:2. Calculate the profit-sharing ratio after the adjustments.
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About This Question
This is Post Utme Unilag 2022 Accounting Question 16. It is one of the objective questions from the 2022 Post Utme Unilag Accounting examination.
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