Post Utme Unn 2024 Accounting Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Unn Accounting examination.

Post Utme Unn 2024 Accounting Objective / Multiple Choice
Question 8 POST_UTME_UNN • 2024 • ACCOUNTING • objective

A partnership has the following capital accounts: A: ₦100,000; B: ₦80,000; C: ₦60,000. The profit for the year is ₦120,000. Prepare the profit and loss appropriation account for the partnership.

Answer Options

A. ₦100,000; ₦80,000; ₦60,000
Correct Answer B. ₦120,000; ₦100,000; ₦80,000
C. ₦140,000; ₦120,000; ₦100,000
D. ₦160,000; ₦140,000; ₦120,000
Correct Answer
B
Correct Option:
₦120,000; ₦100,000; ₦80,000

About This Question

This is Post Utme Unn 2024 Accounting Question 8. It is one of the objective questions from the 2024 Post Utme Unn Accounting examination.

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