Post Utme Aaua 2022 Accounting Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Aaua Accounting examination.

Post Utme Aaua 2022 Accounting Objective / Multiple Choice
Question 18 POST_UTME_AAUA • 2022 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, who contribute ₦200,000 and ₦300,000 respectively. The profit is to be shared in the ratio 2:3. If the profit for the year is ₦150,000, calculate the amount of profit that will be allocated to A.

Answer Options

Correct Answer A. ₦60,000
B. ₦70,000
C. ₦80,000
D. ₦90,000
Correct Answer
A
Correct Option:
₦60,000

About This Question

This is Post Utme Aaua 2022 Accounting Question 18. It is one of the objective questions from the 2022 Post Utme Aaua Accounting examination.

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