Post Utme Wellspring University 2017 Accounting Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2017 Accounting Objective / Multiple Choice
Question 4 POST_UTME_WELLSPRING_UNIVERSITY • 2017 • ACCOUNTING • objective

A partnership is formed between two individuals, John and Mary. The partnership agreement states that John will contribute ₦50,000 and Mary will contribute ₦30,000. What is the ratio of John's capital to Mary's capital?

Answer Options

A. 1:1
Correct Answer B. 1:2
C. 2:1
D. 3:2
Correct Answer
B
Correct Option:
1:2

About This Question

This is Post Utme Wellspring University 2017 Accounting Question 4. It is one of the objective questions from the 2017 Post Utme Wellspring University Accounting examination.

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