Post Utme Achievers University 2017 Accounting Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2017 Accounting Objective / Multiple Choice
Question 19 POST_UTME_ACHIEVERS_UNIVERSITY • 2017 • ACCOUNTING • objective

A partnership has the following capital accounts: John ₦50,000, Mary ₦30,000, David ₦20,000. The profit-sharing ratio is 3:2:1. What is the share of profit of John?

Answer Options

A. ₦15,000
B. ₦20,000
Correct Answer C. ₦25,000
D. ₦30,000
Correct Answer
C
Correct Option:
₦25,000

About This Question

This is Post Utme Achievers University 2017 Accounting Question 19. It is one of the objective questions from the 2017 Post Utme Achievers University Accounting examination.

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