Post Utme Abu 2021 Accounting Question 11

Practice objective / multiple choice question 11 from the 2021 Post Utme Abu Accounting examination.

Post Utme Abu 2021 Accounting Objective / Multiple Choice
Question 11 POST_UTME_ABU • 2021 • ACCOUNTING • objective

A company has two partners, A and B, who share profits in the ratio 3:2. If the total profit for the year is ₦120,000, calculate the amount of profit that partner A will receive.

Answer Options

Correct Answer A. ₦60,000
B. ₦80,000
C. ₦90,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦60,000

About This Question

This is Post Utme Abu 2021 Accounting Question 11. It is one of the objective questions from the 2021 Post Utme Abu Accounting examination.

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