Post Utme Uniport 2021 Accounting Question 6

Practice objective / multiple choice question 6 from the 2021 Post Utme Uniport Accounting examination.

Post Utme Uniport 2021 Accounting Objective / Multiple Choice
Question 6 POST_UTME_UNIPORT • 2021 • ACCOUNTING • objective

In a partnership account, if the capital of the partners is in the ratio 3:2, and the total capital is ₦120,000, what is the amount of capital contributed by each partner?

Answer Options

Correct Answer A. ₦36,000
B. ₦24,000
C. ₦30,000
D. ₦40,000
Correct Answer
A
Correct Option:
₦36,000

About This Question

This is Post Utme Uniport 2021 Accounting Question 6. It is one of the objective questions from the 2021 Post Utme Uniport 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