Post Utme Uniport 2024 Accounting Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Uniport Accounting examination.

Post Utme Uniport 2024 Accounting Objective / Multiple Choice
Question 12 POST_UTME_UNIPORT • 2024 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. The partnership's capital account balance is 10,000. If A withdraws 2,000 from the partnership, what is the new balance of A's capital account?

Answer Options

Correct Answer A. 8,000
B. 9,000
C. 10,000
D. 11,000
Correct Answer
A
Correct Option:
8,000

About This Question

This is Post Utme Uniport 2024 Accounting Question 12. It is one of the objective questions from the 2024 Post Utme Uniport Accounting examination.

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