Post Utme Wellspring University 2017 Accounting Question 6
Practice objective / multiple choice question 6 from the 2017 Post Utme Wellspring University Accounting examination.
In a partnership account, the capital of a partner who leaves the firm is transferred to the remaining partners in the ratio of their existing capitals. If the capital of the leaving partner is ₦1,500 and the existing capitals of the remaining partners are ₦1,200 and ₦2,000 respectively, what is the amount of capital that the partner with ₦2,000 will receive?
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About This Question
This is Post Utme Wellspring University 2017 Accounting Question 6. It is one of the objective questions from the 2017 Post Utme Wellspring University Accounting examination.
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