Post Utme Uniosun 2024 Accounting Question 27

Practice objective / multiple choice question 27 from the 2024 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2024 Accounting Objective / Multiple Choice
Question 27 POST_UTME_UNIOSUN • 2024 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a capital account balance of ₦50,000, while partner B has a capital account balance of ₦30,000. The partnership's trial balance shows a balance of ₦80,000. What is the correct balance of the partnership's capital account?

Answer Options

A. ₦50,000
B. ₦60,000
Correct Answer C. ₦80,000
D. ₦90,000
Correct Answer
C
Correct Option:
₦80,000

About This Question

This is Post Utme Uniosun 2024 Accounting Question 27. It is one of the objective questions from the 2024 Post Utme Uniosun Accounting examination.

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