Post Utme Aaua 2022 Accounting Question 34

Practice objective / multiple choice question 34 from the 2022 Post Utme Aaua Accounting examination.

Post Utme Aaua 2022 Accounting Objective / Multiple Choice
Question 34 POST_UTME_AAUA • 2022 • ACCOUNTING • objective

A partnership agreement states that the profits and losses are to be shared in the ratio 3:2. If the total profit for the year is ₦150,000, what is the share of profit for partner A?

Answer Options

Correct Answer A. ₦90,000
B. ₦60,000
C. ₦120,000
D. ₦180,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Aaua 2022 Accounting Question 34. It is one of the objective questions from the 2022 Post Utme Aaua Accounting examination.

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