Post Utme Veritas University 2025 Accounting Question 31

Practice objective / multiple choice question 31 from the 2025 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2025 Accounting Objective / Multiple Choice
Question 31 POST_UTME_VERITAS_UNIVERSITY • 2025 • ACCOUNTING • objective

In a partnership account, what is the correct method of calculating the capital of a partner who has been absent for a certain period?

Answer Options

Correct Answer A. Average Capital Method
B. Average Profit Method
C. Capital Account Method
D. Profit and Loss Account Method
Correct Answer
A
Correct Option:
Average Capital Method

About This Question

This is Post Utme Veritas University 2025 Accounting Question 31. It is one of the objective questions from the 2025 Post Utme Veritas University Accounting examination.

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