Post Utme Uniosun 2017 Accounting Question 37

Practice objective / multiple choice question 37 from the 2017 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2017 Accounting Objective / Multiple Choice
Question 37 POST_UTME_UNIOSUN • 2017 • ACCOUNTING • objective

A partnership has two partners: John and Mary. John's capital account has a balance of ₦50,000 and Mary's capital account has a balance of ₦30,000. If the partnership has a total capital of ₦100,000, what is the ratio of John's capital to Mary's capital?

Answer Options

A. 1:1
Correct Answer B. 1:2
C. 2:1
D. 3:1
Correct Answer
B
Correct Option:
1:2

About This Question

This is Post Utme Uniosun 2017 Accounting Question 37. It is one of the objective questions from the 2017 Post Utme Uniosun Accounting examination.

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