Post Utme Wellspring University 2020 Accounting Question 42

Practice objective / multiple choice question 42 from the 2020 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2020 Accounting Objective / Multiple Choice
Question 42 POST_UTME_WELLSPRING_UNIVERSITY • 2020 • ACCOUNTING • objective

A partnership is formed between two partners, A and B, with a capital contribution of ₦100,000 and ₦150,000 respectively. What is the ratio of A's capital to B'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 2020 Accounting Question 42. It is one of the objective questions from the 2020 Post Utme Wellspring University Accounting examination.

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