Post Utme Uniosun 2024 Accounting Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2024 Accounting Objective / Multiple Choice
Question 22 POST_UTME_UNIOSUN • 2024 • ACCOUNTING • objective

A partnership has two partners, A and B. A invested ₦50,000 and B invested ₦30,000. The profit-sharing ratio is 3:2. Calculate the ratio of their capitals.

Answer Options

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

About This Question

This is Post Utme Uniosun 2024 Accounting Question 22. It is one of the objective questions from the 2024 Post Utme Uniosun Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support