Post Utme Uniosun 2018 Accounting Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2018 Accounting Objective / Multiple Choice
Question 7 POST_UTME_UNIOSUN • 2018 • ACCOUNTING • objective

A partnership is formed between two partners, A and B. The capital contributions are ₦50,000 by A and ₦30,000 by B. The profit-sharing ratio is 3:2. What is the ratio of A's capital to B's capital?

Answer Options

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

About This Question

This is Post Utme Uniosun 2018 Accounting Question 7. It is one of the objective questions from the 2018 Post Utme Uniosun Accounting examination.

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