Post Utme Abu 2021 Accounting Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Abu Accounting examination.

Post Utme Abu 2021 Accounting Objective / Multiple Choice
Question 37 POST_UTME_ABU • 2021 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. The partnership's profit for the year is ₦500,000. What is the share of profit of partner A?

Answer Options

Correct Answer A. ₦300,000
B. ₦200,000
C. ₦400,000
D. ₦600,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Abu 2021 Accounting Question 37. It is one of the objective questions from the 2021 Post Utme Abu Accounting examination.

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