Post Utme Aaua 2024 Accounting Question 37

Practice objective / multiple choice question 37 from the 2024 Post Utme Aaua Accounting examination.

Post Utme Aaua 2024 Accounting Objective / Multiple Choice
Question 37 POST_UTME_AAUA • 2024 • ACCOUNTING • objective

A partnership has two partners, A and B. Their capital accounts are credited with 60% and 40% of the profits respectively. If the total profit is ₦120,000, how much will A's capital account be credited?

Answer Options

Correct Answer A. ₦72,000
B. ₦48,000
C. ₦60,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦72,000

About This Question

This is Post Utme Aaua 2024 Accounting Question 37. It is one of the objective questions from the 2024 Post Utme Aaua Accounting examination.

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