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  9. Q3
Question 3

In the absence of an agreement, partners share profits

  • A.based on activeness of a partner
  • B.based on capital contribution
  • C.on patronage basis
  • D.on equal basis
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2009
Question no.
#3
Type
Objective
Previous · Q2As a basis for assessing future usage, fixed assets are shown at Next · Q4 Subscription prepared by members is recorded in the balance sheet of a club as a

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