Post Utme Aaua 2021 Accounting Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Aaua Accounting examination.

Post Utme Aaua 2021 Accounting Objective / Multiple Choice
Question 10 POST_UTME_AAUA • 2021 • ACCOUNTING • objective

A partnership business has two partners, A and B. Their capital accounts are ₦ 50,000 and ₦ 30,000 respectively. The profit for the year is ₦ 20,000. If A's share of profit is ₦ 12,000, calculate B's share of profit.

Answer Options

A. ₦ 8,000
B. ₦ 10,000
Correct Answer C. ₦ 12,000
D. ₦ 14,000
Correct Answer
C
Correct Option:
₦ 12,000

About This Question

This is Post Utme Aaua 2021 Accounting Question 10. It is one of the objective questions from the 2021 Post Utme Aaua Accounting examination.

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